crypto

Pretty wild if this is the biggest hack of all-time AND somehow the exchange is actually solvent and can cover all customer funds.

Pretty wild if this is the biggest hack of all-time AND somehow the exchange is actually solvent and can cover all customer funds. https://www.tradingview.com/news/coindesk:cda1c390e094b:0-bybit-ceo-confirms-exchange-was-hacked-for-1-46b-says-his-firm-can-cover-the-loss/

Writer. Building @pinatacloud. Working on simple static site hosting https://orbiter.host \ https://polluterofminds.com

Reading the comments to this article on hacker news and it’s pretty clear that a lot of people don’t know what a cold wallet is.

FTX hurt more because SBF was the poster child of crypto

Most people don’t even who the Head of Bybit is

Founder, designer, & product guy at /basepaint and /eigenlayer

There’s actually some truth to how far we’ve come when you think about an exchange being able to recover from this. It took banks a long time to get to this point and it’s taken crypto a relatively short time…if it’s true which I’m not sure I believe still

popped into my head for some reason... https://youtu.be/5d7EbtLb8ok?feature=shared