Zero-Knowledge Proofs: The key to privacy and safety in crypto?
The rise of cryptocurrency has been nothing short of explosive. By the end of 2024, the global crypto market capitalization surpassed $2.5 trillion. However, alongside this meteoric rise, there has been an equally alarming increase in crypto hacks, resulting in losses of up to $14 billion.
In 2025 alone, the industry saw its largest ever breach when globally renowned crypto exchange Bybit was hacked, resulting in a staggering loss of nearly $1.5 billion. Other exchanges have also been compromised, including Phemex, which suffered losses amounting to almost $85 million, and Infini, which experienced a hack leading to nearly $50 million in losses.
Why is crypto vulnerable to hacks?
Crypto remains vulnerable to various attack…