Bybit CEO Says Crypto Faces an Ongoing Battle Against Security Threats
Bybit CEO Ben Zhou said security incidents and hacker threats will remain a persistent challenge for the crypto industry, according to an interview post promoting a full discussion.
Summary
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Terms & Concepts
Security incident: A breach, exploit, or unauthorized event that compromises crypto platforms, user funds, or system operations.
Hack: An unauthorized intrusion or exploit used to steal assets, data, or control from a crypto platform or protocol.
TradFi: Short for traditional finance, referring to established banks, asset managers, and regulated financial institutions.