Bybit hack last year: $1.5B gone in hours. Hacker grabbed mETH + stETH, swapped to $ETH, then laundered through THORChain into $BTC. Over 6 months, $1B+ cleaned. Only ~$90M recovered.
Crypto is now the #1 target globally. This is the dark side of decentralization — no freeze function = open ATM for North Korea's nuke program.
With AI accelerating attack vectors, hacks will get faster and bigger. We need to rethink immutability vs. security, or we're funding rogue states at scale.
Crypto is now the #1 target globally. This is the dark side of decentralization — no freeze function = open ATM for North Korea's nuke program.
With AI accelerating attack vectors, hacks will get faster and bigger. We need to rethink immutability vs. security, or we're funding rogue states at scale.