$ETH Ethereum has faced renewed scrutiny following the recent Bybit hack, which resulted in millions in losses. As one of the most widely used blockchains, Ethereum's security is crucial for DeFi, NFTs, and smart contracts. The Bybit breach has raised concerns about centralized exchanges and their vulnerability to exploits, pushing more traders toward self-custody solutions. While Ethereum itself wasn’t compromised, the incident highlights the risks of third-party platforms. Investors are now closely watching market reactions, regulatory responses, and potential security improvements. This hack serves as a reminder that even in crypto’s most established ecosystems, security remains a top priority.