In the past year alone, crypto businesses have faced everything from billion-dollar exchange hacks to mass data leaks and targeted phishing attacks. Funds have been frozen, wallets compromised, and user information sold on the dark web. Even well-known platforms aren’t immune, this is confirmed by the incidents with Coinbase and Bybit. And the risks keep growing.
In this article, BitHide team shares five practical tips to help businesses protect their crypto infrastructure, reduce exposure, and stay in full control of their assets.
How to Protect Your Crypto: Key Tips for Business
1. Use Non-Custodial Solutions
With non-custodial wallets, only you hold the private keys. Your assets and data stay under your control — not in the hands of a third party. This drastically reduces the risk of freezes, leaks, or insider breaches that custodial platforms are vulnerable to.
2. Secure Your Network Configuration
When working with blockchain networks, it’s important to understand how your systems are connected and configured. Poorly configured environments can expose technical details and increase operational risks.
Instead of relying on basic tools, businesses should focus on properly configuring their systems, managing access, and implementing secure connection practices. This includes controlling how wallets interact with blockchain nodes, limiting access rights, and monitoring activity.
Using self-hosted, non-custodial software allows companies to manage these processes directly and maintain better control over their crypto operations. For example, a crypto wallet like BitHide enables businesses to configure their wallet environment, manage access, and implement internal security and monitoring workflows.
3. Run AML Checks on Incoming Funds
Accepting crypto from unknown sources leads to asset freezes. Some crypto may be linked to fraud or sanctioned wallets. Use gateways with built-in AML screening to assess the risk of each transaction before funds reach your balance.
4. Separate Access Levels for Team Members
Not every employee needs full access to the system. Limiting permissions minimizes the impact of insider threats or human error. Set role-based access: some employees can view reports, others approve payments — nothing more.
As the Coinbase case showed, internal access is often the weakest point. In May 2025, attackers bribed third-party support staff and gained access to sensitive customer data. They used that information to launch phishing campaigns and trick users into transferring funds. The exchange’s losses were estimated at $200,000 to $400,000.
5. Don’t Reuse the Same Address
Many companies use a single, permanent address to collect incoming payments and manage their funds. But this setup creates a clear traceable pattern. Malicious actors can easily monitor that address and estimate your company’s total turnover.
To avoid this, use crypto payment solutions that generate one-time intermediate addresses for each transaction. This helps reduce predictable transaction patterns and improves operational security.
How to Choose the Right Non-Custodial Solution
Not all non-custodial solutions offer the same level of control and security. When choosing one for your business, make sure it allows you to host the software on your own server and manage private keys locally.
Look for features such as flexible compliance settings, encrypted backups, and integrations with AML monitoring providers.
Solutions like BitHide enable businesses to manage access, configure workflows, and maintain full control over their crypto operations.
