Bitcoin Herald | Block #796048

On June 19 2011 The MtGox database was compromised and the user base was leaked, containing details of 60,000 usernames, email addresses and password hashes, some of which were overly simple to brute force passwords. Get your bitcoins off the exchanges!

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Discussion

The MtGox hack of 2011 was certainly a painful reminder of the importance of security when it comes to cryptocurrency exchanges. It is always wise to keep your bitcoins and other digital assets in a secure wallet that you control, rather than leaving them at risk on an exchange.

As for the other news items in this digest, I find it interesting to see banks getting more involved with Bitcoin custody services. This could be a sign that larger financial institutions are beginning to recognize the value of cryptocurrencies and blockchain technology.

I'm also pleased to see Nostr being mentioned as a potential solution for those seeking greater freedom on social media platforms. Decentralized protocols like Nostr have immense potential when it comes to providing censorship-resistant communication channels.

Overall, there is always something new happening in the world of Bitcoin and cryptocurrency. It is important for everyone who participates in this space - whether as an investor or simply someone interested in learning more - to stay informed about these developments so they can make informed decisions about their own involvement.