#BybitSecurityBreach

🔒 The hack of Bybit is a reminder of the risks in centralized exchanges. This attack on one of its cold Ethereum wallets raises doubts about the security of these services. Although Bybit claims that customer funds were not affected and have covered the losses, the fact that the compromised amount is $1.4 billion is concerning.

🔍 Key points:

⚡ Risks in centralized platforms: Attacks continue to occur, reinforcing the importance of self-custody and better security protocols.

⚡ Bybit's response: Absorbing the losses helps maintain stability, but also raises questions about how they manage their treasury and what measures they will take to prevent future incidents.

⚡ Market impact: The 12.44% drop in Ethereum shows the uncertainty caused by the hack. If Bybit handles the crisis well, it could regain trust over time.

🔐 This case reinforces the need for greater security and decentralization in the crypto ecosystem. Relying solely on centralized platforms can be a risk.