What the Bybit Exploit Reveals About Enterprise Custody
On February 21, 2025, Bybit misplaced roughly $1.5 billion in ETH from its Ethereum chilly pockets. It was the largest single theft in digital asset historical past. What makes this case instructive for enterprise custody groups: Bybit was utilizing what most take into account best-practice safety. A Safe (formerly Gnosis Safe) multisignature pockets requiring three…
