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The Bybit hack, resulting in a $1.4B loss in ETH, exposed critical vulnerabilities in exchange security—including blind signing, UI manipulation, and weak transaction controls. This incident highlights the urgent need for institutions to adopt robust custody solutions to mitigate evolving threats.

As threat actors evolve, robust custody and security practices are no longer optional.

If you missed our live AMA webinar, watch the full recording featuring Hex Trust’s Co-founder & CTO, Rafal Czerniawski, and Chief Engineering Officer, Tommaso Natale, moderated by Giorgia Pellizzari, Head of Custody.

In this session, our experts break down:

• How the attack unfolded and key security gaps.
• Why smart contract wallets remain vulnerable.
• The Lazarus Group and their role in major crypto attacks.
• How licensed custodians mitigate these risks.
• Best practices for securing digital assets against evolving threats.

Additional reading:

For a deep dive into the attack and how it unfolded, read Hex Trust’s detailed analysis here.