Coinbase Hack and Impending Crypto Doom

In May 2025, Coinbase, one of the largest cryptocurrency exchanges in the world, got hacked. Or did they? It was more like a near-miss. But while we might wipe our brows in relief over this latest mishap, it doesn't bode well for the future of cryptocurrency, which is currently unregulated, uninsured, and just waiting for the next big catastrophe to leave investors crying in their collective beers over their lost millions.

Join us for a tour of some of most disastrous crypto hacks of yesteryear like Mt Gox and Bybit, and what we see coming for the future of crypto. Hint: It's not pretty.

Resources

• Coinbase: Protecting Our Customers - Standing Up to Extortionists
• The Story of Mt. Gox: Explained
• Bank Secrecy Act (BSA)
• What Is Crypto KYC and Why Do Exchanges Need It in 2025?
• The ByBit Heist and the Future of U.S. Crypto Regulation
• Top 10 Cryptos to Invest In May 2025

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