Unchained

?? Is Safe to blame for the $1.5B hack? ?? Mudit Gupta says Safe’s lack of security checks let Lazarus hijack their system and drain $1.5B in ETH from Bybit. Listen now: https://bit.ly/3Xo3dgh

?? Holding $1.5B in a single wallet? “There’s no reason to do it.” Mudit Gupta breaks down why Bybit’s security setup was a disaster waiting to happen ?? ?? Crypto needs to do better—before the next billion-dollar hack.

The SEC takes a step back, but is a bigger crypto rulebook on the way? Plus, OKX’s $500M fine, Ethereum’s leadership shake-up, and a potential game-changer for Solana ETFs. Get the week’s top crypto updates here. ? https://lnkd.in/eQtK994j

?? Rule #1 of security: Don’t blindly trust what you’re signing. ?? Bybit lost $1.5B because they didn’t verify a simple hash. Mudit Gupta explains how a basic security check could have stopped the biggest hack in crypto history. ?? Listen now: https://bit.ly/3Xo3dgh

?? The biggest crypto hack in history—how did it happen? On Unchained, Mudit Gupta breaks down: ?? How North Korea’s Lazarus Group drained $1.5 billion ?? The security mistakes by both Bybit and Safe ?? What every crypto user must do to avoid the same fate https://bit.ly/4h8rgqt

In today’s edition of the Unchained Daily newsletter: ?? BTC’s bitter losses ?? Memecoins get a pass ?? MetaMask off the hook ?? Bybit fallout: Are exchanges really solvent? ?? Read the latest update… and get more daily! Subscribe. https://lnkd.in/eUB43VMR

According to its last proof of reserves before the attack, Bybit may have only had enough crypto on hand to cover $1.15 billion of the loss. But that is not the whole story. @steven_ehrlich reports https://bit.ly/3EXNT3M

In today’s edition of the Unchained Daily newsletter: ?? SEC, Sun seek legal pause ?? FTX’s bankruptcy bill swells ?? Tornado Cash creator gets dough for defense ?? Howey Test is put to the test ? Read today’s biggest crypto news… and subscribe for more! https://lnkd.in/edyjmeiF

?? Elon Musk’s influence is either genius or pure chaos. Alex Kruger thought DOGE was flying under the radar—but now? He’s wondering if Musk is pushing things too far. ?? Is this the moment when the market stops taking him seriously? ?? ?? Listen now: https://bit.ly/41jgeZA

?? Need some hopium? Here you go. Ram Ahluwalia lays out a few reasons why crypto could bounce soon: