• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cyberattack on Bybit: New Crypto Projects Gain Attention

user avatar

by Giorgi Kostiuk

a year ago


In light of the recent cyberattack on Bybit, a major cryptocurrency exchange, the crypto investment community is seeking secure investment opportunities. Four crypto projects offer innovative solutions and attract attention with their potential.

Lazarus Cyberattack: The Incident Details

The hacking group Lazarus attacked Bybit and stole over $1.5 billion in Ethereum and tokens. They exploited a vulnerability in an Ethereum cold wallet, using complex smart contract manipulations and a compromised signing interface.

Innovations and Security in New Crypto Projects

Four cryptocurrency projects - Aureal One, DexBoss, yPredict, and Gala - stand out against the backdrop of the Bybit incident. They offer secure investment solutions and innovative technologies in various fields such as metaverse, decentralized finance, and digital entertainment.

Investment Potential

These projects attract investors with their technological and economic potentials. They demonstrate growth and the ability to address security issues, making them appealing for long-term investments.

The recent attack on Bybit underscores the importance of security in the crypto world. Nevertheless, new projects like Aureal One, DexBoss, yPredict, and Gala offer solutions that can help investors minimize risks and leverage innovative potential.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Retail Investors Face Billions in Losses from TRUMP and MELANIA Memecoins

chest

Retail investors have incurred over $4 billion in losses on the official TRUMP and MELANIA memecoins, which have plummeted significantly since their launch.

user avatarElias Mukuru

Bitcoin Spot ETFs Face Largest Drawdown in History

chest

Bitcoin spot ETFs have experienced the largest drawdown in history, with a decline of 100,300 BTC following the October all-time high, reflecting a risk-off environment and institutional derisking.

user avatarDiego Alvarez

t54ai Introduces x402 Facilitator for Seamless AI Payments on XRP Ledger

chest

t54ai has launched an innovative x402 facilitator on the XRP Ledger, enabling AI agents to pay for API calls and digital services using XRP or RLUSD.

user avatarKenji Takahashi

Bitcoin Lightning Network Sees Surge in Monthly Transactions

chest

In November 2023, the Bitcoin Lightning Network saw a surge with over 11 billion transactions processed, indicating increased adoption by larger players.

user avatarMaria Fernandez

Capitulation Risk Grows for Ethereum Whales Amid Unrealized Losses

chest

Capitulation risk grows for Ethereum whales amid unrealized losses.

user avatarGustavo Mendoza

Exchange Inflows and Liquidity Dynamics Impact XRP Market

chest

A recent CryptoQuant report highlights the impact of exchange inflows and liquidity dynamics on XRP's market behavior, indicating that spikes in inflows may precede volatility expansion.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.