This week has been another good example for me of the inherent dangers of investing in the crypto market. It’s one thing day trading crypto volatility but personally I’d be wary about HODLing.
I read it was North Korean hackers that stole 1.5 billion from Bybit. I know the CEO has said they can cover the theft but it’s just another name in a long list of firms that have demonstrated they can’t adequately keep safe client assets in storage wallets.
There’s been Ronin Network (625 million), Binance BNB Bridge (570 million), Mt. Gox (470 million) and the list goes on…
