Private key loss has cost the crypto industry $8.5 billion—and it remains one of the most preventable failure modes in the space. DL News spoke with David Schwed, COO of SVRN, on what crypto projects can learn from enterprise security culture to protect self-custody assets.
■ overview
April 22, 2026
David Schwed of SVRN breaks down why crypto has lost $8.5B to private key compromises—and what the industry must do to fix self-custody security.