Foresight News posted on X (formerly Twitter). Binance CEO Changpeng Zhao, known as CZ, has issued a warning regarding the dangers associated with wallet software upgrades that alter derivation paths. This caution comes in response to a situation highlighted by user @Davincij15, where a wallet software upgrade led to an unscanned old address, causing a Bitcoin balance to become 'invisible.' CZ emphasized the significant risks involved in such upgrades and advised users of self-custody wallets to remain vigilant against these potential issues.
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