Cregis Research: The Mixin incident highlights the importance of self-custody digital asset platforms

Odaily Planet Daily News Recently, the theft of $200 million in assets from Mixin has attracted widespread attention in the industry. Although crypto security companies have intervened in the investigation, it is still unclear how the attackers were able to steal funds from the supposedly decentralized Mixin cloud database. Mixin’s security incident once again proves that there are obvious security risks in the centralized asset management method, and users should treat it with caution. In the wallet service provided by Cregis, it always adheres to the security policy of customer self-hosting. Cregis cannot control any signature information of users (MPC sharding, smart contract EOA, etc.), and all assets are on the chain, ensuring that Cregis cannot do evil. Cregis will continue to strive to provide customers with a commercial-grade, safe and reliable digital asset collaboration management platform to ensure that Web3.0 users no longer need to make any compromises on the security of digital assets.