<ul><li>The ByBit exchange was hacked, resulting in the theft of $1.5 billion (AU $2.35 billion).</li><li>Binance co-founder Changpeng Zhao (CZ) highlighted multisig wallets as a common vulnerability in recent hacks.</li><li>Ledger recommended using ‘Clear Signing’ to prevent blind signing issues, which might have contributed to the hack.</li><li>Fireblocks suggested off-exchange settlement and MPC technology as potential solutions to enhance security and prevent similar exploits.</li></ul>

Crypto Community Reacts to the Industry’s Biggest Ever Exchange Hack

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