In 2025, the cryptocurrency industry faced several major scandals. However, the BYAS team offers new approaches to enhance security.
Cryptocurrency Scandals of 2025
This year has been marked by numerous major scandals in the cryptocurrency world, including the hacking of the Bybit exchange, scams involving Libra Coin, and various fraudulent schemes tied to coins like Trump Coin and Melania Coin. In 2021, Axie Infinity ($AXS) demonstrated a successful use case for cryptocurrency but was targeted in one of the largest hacks, losing 600 million dollars. This event highlighted security issues within the industry.
BYAS Technology and $HUNDRED
In response to these challenges, BYAS developers created $HUNDRED, a cryptocurrency claimed to be un-hackable and resistant to phishing attacks. Since its launch in 2023, $HUNDRED has grown to a market cap of $6 million, providing security through a 100-hour transaction time lock, deterring automated trades and manipulation.
Observations and Comments
Despite these innovations, the cryptocurrency market continues to face challenges. Bots dominate trading activity, influencing market dynamics. Due to its unique structure, $HUNDRED is less susceptible to fake trading volumes, offering more secure investment opportunities. However, broad adoption of such technologies is hampered by the commercial interests of various exchanges.
The technologies developed by the BYAS team represent promising solutions to enhance the security of cryptocurrency transactions. Despite the challenges and difficulties, efforts to prevent fraud could significantly alter the landscape of the crypto industry.
