Is The Bybit Crypto Hack The Future? DePIN Looks To Make Web3 Much Safer
A price chart on the Bybit website for the cryptocurrency Ethereum is seen on a computer screen in … [+]
The Bybit hack sent shockwaves through the global digital finance community shining a spotlight again on central crypto exchange security. The $1.4 billion ETH heist is the biggest crypto theft of all time, architected by the North Korean Lazarus Group, and appears to be the biggest theft of any kind in history.
The hack comes swiftly on the back of the crypto industry celebrating the newly installed Trump presidency and the administration’s commitment to making America the crypto capital of the world with a new Executive Order ‘Strengthening…
