Bybit’s $1.4 Billion Security Breach Sparks Industry-Wide Reforms
Bybit’s recent security breach has sent shockwaves through the crypto industry, highlighting vulnerabilities in multi-sig cold storage solutions and emphasizing the need for more sophisticated security measures. The breach, attributed to a sophisticated exploit manipulating call data and swapping Safe’s implementation for a backdoored version, resulted in over $1.4 billion in losses. Experts from Ledger … Read more