As crypto continues to maneuver into the mainstream, so too do the threats surrounding it.
Talking on the Trustless by Design convention in Prague – an unique occasion the place BitDegree was invited as a particular visitor – Matěj Žák, CEO of Trezor, drew consideration to an unsettling actuality: the crypto business’s success attracts more and more refined hackers.
“Only in the near past we skilled the Bitcoin
$107,974.23
all-time excessive. However hackers had their all-time excessive as properly,” he remarked throughout his keynote.
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Some of the putting examples, Žák famous, was the Bybit
$4.83B
hack, which passed off in February 2025. In was one of many largest crypto thefts in historical past, the place hackers linked to North Korea stole round $1.5 billion value of Ethereum
$3,831.67
from the Bybit crypto alternate.
He mentioned that the size of the theft exemplifies how centralized exchanges have turn into “large moneypots” for cybercriminals, and that the risk is not going away anytime quickly:
Safety is a shifting goal.
Žák’s message was that so long as giant sums of digital property stay concentrated in centralized techniques, hackers will proceed to seek out methods to use weaknesses. As an answer, he urged customers to embrace self-custody and retailer their digital property in {hardware} wallets quite than on exchanges.
To that finish, Žák concluded his tackle by saying the Trezor Secure 7, the corporate’s most superior {hardware} pockets but. What’s particular about this pockets? Learn the total story right here.
