Another data breach Ledger this time at Global-E. Decentralization alone isn’t enough.

Yet another data breach, this time involving payment processor Global-E, with customer personal data reportedly exposed.

We often talk about blockchain as a solution for privacy and transparency. But incidents like this show a hard truth: privacy failures still happen at the infrastructure and application layer, regardless of whether crypto or blockchain is involved.

Decentralization doesn’t automatically mean privacy.

Security practices, data minimization, and proper protection of user information still matter a lot.

If sensitive data keeps leaking before it ever touches a blockchain, that’s a problem we shouldn’t ignore.

Curious how others here see this are we focusing too much on decentralization while underestimating basic data security?