Bybit Hack Shakes Faith in Crypto's Multisig Defenses
The roughly $1.5 billion theft at Bybit did more than test one exchange's balance sheet. It exposed how easily crypto's trusted signing workflows can fail when the interface layer is compromised.
Page 4 of 4 · 80 stories in this section
The roughly $1.5 billion theft at Bybit did more than test one exchange's balance sheet. It exposed how easily crypto's trusted signing workflows can fail when the interface layer is compromised.
Circle CEO Jeremy Allaire says a yuan-backed stablecoin could be a major opening, underscoring how tokenized cash is turning into a contest over cross-border currency reach.
Ethereum Foundation's new audit grants target shared crypto tooling, signalling that safer middleware and developer infrastructure may matter more than raw throughput in the next growth cycle.
Charles Schwab's plan to launch spot Bitcoin and Ether trading shows crypto moving into the default brokerage account, raising pressure on specialist exchanges and accelerating wallet convergence.
Publicly traded Bitcoin miners sold a record 32,000 BTC in Q1 2026 as electricity costs surged 30% year-over-year and hashprice fell below $0.05/PH/day, pushing mining margins to multi-year lows.
EIP-7702 transformed every EOA into a smart contract in a single transaction, executing 340,000 times in 72 hours as Argent, Safe, and Sequence deployed paymasters.
Production-grade zero-knowledge virtual machine lets Ethereum L2 developers write Rust and generate ZK proofs without custom circuit design, challenging StarkWare's Cairo dominance.