The Future of Crypto Security: Lessons from the Bybit Breach

Peter Schiff warns Bitcoin will fail as investors shift to gold. BTC trades flat ahead of the Fed rate decision, while a whale bets $368M short. The $1.5B Bybit hack exposes security flaws. Fintechs push for bank charters, and Bithumb & Upbit battle for Gangnam real estate. Swyftx expands with an NZ acquisition, and Crossmint raises $24M for crypto APIs. Exchanges hold 3M BTC, highlighting centralization concerns. Security & regulation remain key themes.

Reference:  https://www.linkedin.com/newsletters/chain-train-7126277052151844864/