A core tenant of Bitcoin’s design is not relying on another institution to keep your money safe.
Which is why you don’t trust exchanges, you don’t lend it out, and you keep it on a hard wallet that only you know where it is.
Else… well, 2022 showed you what happens.

Straight from the Bitcoin White Paper:
Bitcoin: A Peer-to-Peer Electronic Cash System
It is nothing more, but also nothing less.

Proof to its resiliency, it has endured multiple scandals, exchanges collapsing, and bankruptcies of companies and services who tried to make Bitcoin more than what it is:
Proof of work completed, not promise of work to complete in the future.

Bitcoin, Ethereum, and other cryptocurrencies have had a horrible year, but this is part of a healthy cycle to shake out the pretenders and cement the currencies, miners, exchanges, and services that held firm to the principle tenant:

Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto.
Full stop 🔥