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The recent breach of the Bybit cryptocurrency exchange, resulting in the theft of a staggering US$1.5 billion in user assets in February 2025, is yet another stark reminder of the systemic vulnerabilities plaguing the cryptocurrency and digital asset industry. This incident follows the storied history of other high-profile exchange hacks, including Binance (US$570 million in October 2022), FTX (US$600 million in November 2022), and the Ronin Network (US$615 million in March 2022). Even Mt. Gox, once a dominant player, was driven to liquidation after losing US$450 million in its final breach.
- March 15, 2025
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- Market Insights
Focus on What is Important
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The Bybit Hack and The Structural Fix Cryptocurrency and Digital Asset Exchanges Need
The recent breach of the Bybit cryptocurrency exchange, resulting in the theft of a staggering US$1.5 billion in user assets in February 2025, is yet another stark reminder of the...
Read more March 15, 2025
- Market Insights
SDAX 2025 Outlook Report
For years, SDAX has been committed to serving as a trusted resource for investors navigating the complexities of the global market. In collaboration with The Global CIO Office, we deliver...
Read more March 14, 2025No More posts Found