Crypto Exchange Hacking Risk Assessment

Assess exchange risk for:

Total Exchange Holdings: ${{EXCHANGE_HOLDINGS}}
Exchanges Used: ${{EXCHANGES}}
Trading Frequency: ${{TRADING_FREQUENCY}}
Self-Custody Capability: ${{SELF_CUSTODY_LEVEL}}

Develop risk assessment:
1. Historical Hack Analysis
   - Major exchange hacks review
   - Common attack vectors
   - Recovery outcomes
   - Warning sign patterns

2. Exchange Evaluation
   - Security audit history
   - Proof of reserves
   - Insurance coverage
   - Cold storage practices

3. Exposure Management
   - Maximum exchange exposure limits
   - Multi-exchange diversification
   - Hot wallet minimization
   - Withdrawal monitoring

4. Self-Custody Integration
   - Hardware wallet setup
   - Multi-sig considerations
   - Trading/holding wallet separation

5. Monitoring Systems
   - Exchange health indicators
   - Community sentiment tracking
   - Withdrawal functionality checks

6. Incident Response Plan
   - Early warning action steps
   - Withdrawal prioritization
   - Documentation for claims
   - Legal considerations