
Kiki Dorson (Tech | Ai | Crypto | Web3)
February 24, 2025 at 04:43 PM
☝️ *Bybit exploit reveals strengths and weaknesses of the crypto community*
✏️ Analyzing the recent Bybit exploit, analysts concluded that the main vulnerability in countering crypto theft lies in the stablecoin Dai. Unlike USDT and USDC, it cannot be frozen.
Additionally, part of the stolen funds was withdrawn through the eXch platform, which refused Bybit's request to freeze the assets.
