The Most Expensive Risk Is the One Teams IgnoreIn the blockchain industry, “no custody” is often framed as a philosophical choice:More decentralizedMore trustlessMore aligned with #Web3 valuesBut in reality, the absence of custody is not ideological. It is operational — and the cost is measurable. At #ARCB, after evaluating failures across #Web3, #DAO treasuries, #DeFi platforms, and RWA systems, one conclusion is consistent:The biggest losses don’t come from attacks. They come from systems t...