Sunday Feb 23, 2025

Ledger News: Bybit Hack Spurs Ledger’s Security Enhancements

Ledger Unicorn News - February 23, 2025

Following a $1.4 billion security breach at Bybit, Ledger CEO Pascal Gauthier highlights the importance of Clear Signing to prevent unauthorized transactions. Ledger is implementing this and other security measures, including Distributed Multi-Party Computation wallets, to enhance protection in the digital asset industry.

Sources
https://www.forbes.com/sites/digital-assets/2025/02/22/breaking-could-bybits-14b-hack-have-been-stopped-ledger-cz-react/

Outline
(00:00:00) Introduction
(00:00:28) Bybit's $1.4B Hack and Ledger's Reaction

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