CoinDesk dropped some stats today: Out of the $16 billion stolen in the crypto industry, 40% is due to private key leaks. Smart contract vulnerabilities come in second. Everyone’s chasing audit reports and staring at contract code. But the biggest vulnerability? Screenshots of seed phrases saved in photo albums, or plaintext private keys pasted in notepads. I know more than one trader whose exchange account got wiped, and after digging, it turned out to be a phishing link that snagged their private key. The contracts were perfectly fine. The market isn’t paying attention to this today though. ONG +6.7%, POWR +5.3%, funds are still chasing small-cap coins as usual. Losing a private key hurts more than missing out on ten pumps.