Your worst crypto nightmare isn’t a hacker, it’s you – DL News

  • At least 20% of US crypto owners have suffered hacks or scams.
  • Crypto users fear that simple mistakes could make them lose their funds.
  • Users need simpler wallets to prevent more costly errors.

North Korean hackers, kidnappers, and phishers all strike fear into the hearts of crypto holders who have lost more than $2 billion to laptop-wielding larcenists this year, but their most dreaded adversary is far less cinematic: themselves.

That’s according to a survey by Kraken, a crypto exchange. It reported that almost half of cryptocurrency holders are more afraid of making personal security mistakes than of falling victim to criminals.

“Most retail users never touch contract code, but they paste wallet addresses every day, so user experience,…

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