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Kyaw_Myo_Oo
Contributor III

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Dear All,

Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what's estimated to be the largest crypto heist in history.

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Questions for discussion: What emerging technologies or security practices could potentially prevent or mitigate such large-scale crypto heists in the future?

As emerging technologies like AI and quantum computing evolve, how might they be used to both enhance and threaten the security of cryptocurrency exchanges?

I encourage everyone to share your thoughts and insights on these topics. Thanks in advance!

 

 

Kyaw Myo Oo
Information Security Program Manager , CB BANK PCL
CCIE #58769 | PCNSE | SAA-C03 | CCSM | CISSP | PMP
1 Reply
akkem
Newcomer I

Using multi-signature wallets and Zero Trust security can strengthen. We need to make sure crypto security is both strong and forward-thinking.