Crypto Security Has a Problem It Can’t Fix With Stronger Walls

Crypto security tends to focus on the thing everyone can see: the money.A $320 million exploit on September 7 put that instinct on full display. The incident hit a blockchain used to move bitcoin between exchanges, turning stolen funds into the headline of the week. But money, for all its drama, has one useful quality: it can sometimes be recovered.An identity doesn’t work that way.The stolen funds moved across a public ledger, making the trail visible. The attacker also appeared to be a w