#CryptoNews 🪙

- CrowdStrike data loss incident raises concerns about the impact on crypto companies. Chiagozie Iwu, former CEO of Naijacrypto, believes that blockchain-native companies are less affected thanks to decentralization.

- However, centralized crypto platforms may face similar risks in the future. Iwu suggests using a decentralized cloud architecture such as Internet Computer (Dfinity) to increase sustainability.

- Olumide Adesina from Quantum Economics believes that this incident reinforces the feasibility of blockchain as an alternative to traditional IT systems.

- Iwu does not believe this incident will lead to major regulatory changes, as current regulations are sufficient to address cybersecurity.

- To mitigate risks, Iwu advises crypto companies to consider alternative endpoint security solutions and implement additional layers of security.

What do you think about this incident? Comment below! 👇