Crypto Hacks Surge: Urgent Need for Security Overhaul

Crypto Hacks Surge: Urgent Need for Security Overhaul
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Crypto hacks in 2025 have already surpassed $2.1 billion, highlighting the critical need for exchanges and DeFi platforms to strengthen security measures. The Bybit breach, the largest in history, underscores the growing threat posed by cybercriminals.

  • Bybit's $1.4B hack is the largest crypto breach in history, attributed to North Korean cybercriminals.
  • TRM Labs reports $2.1B in crypto stolen in H1 2025, signaling a worsening security crisis.
  • Industry leaders call for CEXs and DeFi to prioritize self-regulation and collaborative security measures.
Related Tags: ByBit Exchange
Other Tags: 1inch, DeFi, TRM Labs
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