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      tldr; Recent crypto hacks, including the record-breaking Bybit breach, highlight vulnerabilities in DeFi and centralized exchanges (CEXs). Over $2.1 billion has been stolen in 2025 alone, with hackers exploiting infrastructure weaknesses and laundering funds through decentralized platforms. The article calls for improved security measures, such as multi-party computation, risk intelligence, and transaction monitoring, to prevent future attacks. Collaboration between DeFi protocols and CEXs is essential to restore consumer confidence and avoid regulatory crackdowns.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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