A shocking heist just went down at a German bank. Thieves managed to drill into the vault and made off with tens of millions of euros in assets. The sheer audacity of the operation—bypassing physical security systems to access massive amounts of wealth—raises some serious questions about asset protection in traditional finance.

This kind of incident always sparks the same debate in crypto circles: centralized institutions holding your assets can be vulnerable to sophisticated theft, no matter how robust their security measures seem on paper. Whether it's bank vaults or exchange servers, the risk is real. It's a reminder of why many believe self-custody and decentralized alternatives exist in the first place.

The investigation is ongoing, but the incident highlights the eternal tension between convenience and security when it comes to storing significant wealth.