The Bybit Wake-Up Call: Strengthening Crypto Security Before It’s Too Late

The recent Bybit hack, in which bad actors swooped in and made off with $1.5 billion worth of Ethereum, has sent shockwaves through the cryptocurrency industry. As one of the largest digital heists in history, it lays bare the vulnerabilities in crypto exchange security and the persistent threats from sophisticated actors. And yes, Bybit has assured its customers that their funds will be covered; the question is how these incidents happen in the first place. After all, the technology crypto is built on—blockchain—is supposed to be inherently secure. What many don’t realize is that digital…



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