đž $2.5 Billion Gone in 6 Months?! Bybit & Cetus Hacks Shake Crypto World đâ ïž
The first half of 2025 has been brutal for investors, with nearly $2.5 billion lost due to major exploits â the biggest being high-profile hacks on Bybit and Cetus Protocol. đšđ§š
These attacks are not just numbers on a screen â theyâre shaking confidence across the DeFi and centralized exchange (CEX) ecosystems. From smart contract vulnerabilities to insider exploits, hackers are evolving fast â and itâs costing users more than ever before. đđ
What went wrong?
đč Bybit suffered a breach that allowed attackers to bypass withdrawal verification
đč Cetus Protocol, a rising DeFi star, was hit via a flash loan exploit, draining millions in seconds
đč Several smaller projects also reported losses, adding to the growing list of Web3 vulnerabilities
đĄïž Binance users, take note: security isnât optional â itâs essential. These incidents are a wake-up call for all investors and traders to tighten their strategies:
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Use two-factor authentication (2FA)
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Store long-term assets in cold wallets
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Stay informed about project audits and exploit reports
With crypto adoption rising, so are the risks. But knowledge is power â and staying ahead of threats is your best defense.
đČ Want to protect your crypto and stay in the know? Follow for real-time updates and safety tips â because the next exploit could be just one click away.
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