As cryptocurrency adoption accelerates worldwide, so too does the frequency and sophistication of online threats. Richard Teng, CEO of Binance, has sounded a clear warning: the safety of digital assets hinges not just on exchange security but also on individual user responsibility.

Despite Binance implementing a comprehensive suite of security protocols—ranging from AI-driven threat detection to 24/7 account monitoring—Teng emphasized that these defenses can only do so much. Speaking recently on social media, the CEO called on users to adopt proactive habits that complement exchange-level protections.

“Exchanges can build walls, but if users leave the door open, attackers will walk in,” Teng implied in his…