CoinsDo Podcast

Bybit Hack: Anatomy, Prevention, and Self-Custody Imperative


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The Bybit hack serves as a crucial lesson in the world of cryptocurrency, highlighting the importance of self-custody. We explore practical tips for taking control of your crypto, emphasizing that self-custody isn't just for the tech-savvy. 

• What self-custody means and why it's essential for cryptocurrency holders 
• Details on the Bybit hack that drained $1.5 billion from a cold wallet 
• Comparison of wallet types: hot wallets vs. cold wallets 
• Importance of multi-factor authentication in securing your assets 
• Steps to verify transactions and recognize phishing attacks 
• The future of self-custody with emerging technologies like MPC wallets 

Don't let your crypto become a casualty of insecurity. Take the necessary steps today to protect your future!


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CoinsDo PodcastBy Angela