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Cyberattack Hits Large Crypto Exchange Company with $1.4 Billion in Losses

Author
Dean Heskin
Published
Fri 28 Feb 2025
Episode Link
https://www.spreaker.com/episode/cyberattack-hits-large-crypto-exchange-company-with-1-4-billion-in-losses--64567892

Bybit, the second largest Cryptocurrency exchange by volume, was hit with a cyberattack causing massive losses to the tune of $1.4 billion dollars. Swiss America's Dean Heskin and Chris Agalestos look into what happened with the attack and the overall security concerns of investing in crypto on The Secret War on Cash.
Also, Dean and Chris take another look into gold's outlook fot 2025 as central banks outside of the US are scooping up the precious metal.

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Articles referred to in this podcast:
Bybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
https://www.newsbreak.com/share/3823966814609-bybit-just-suffered-the-biggest-attack-in-crypto-history-suffering-1-4-billion-in-losses?_f=app_share&pd=08oc6YBL&lang=en_US&send_time=1740411877&trans_data=%7B%22platform%22%3A0%2C%22cv%22%3A%2225.7.0.65%22%2C%22languages%22%3A%22en%22%7D&sep=ns_foryou_blend_exp_25q1-v8%2Cns_push_exp_rt_bucketv12-v2%2Cns_foryou_rank_exp_25q1-v8%2Cns_foryou_model_exp_25q1-v9%2Cns_foryou_recall_exp_25q1-v5&s=i16
Expect Gold To Shine In 2025

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