Episode 548
📍 The largest crypto hack of all time occurred in February 2025, where over $1.4 billion in Ethereum and other tokens were stolen from Bybit's cold wallet.
📍 The hack was linked to North Korea's state-sponsored Lazarus Group, which was also responsible for taking over $1.3 billion in crypto funds via hacks in 2024 alone.
📍 US President Donald Trump announced plans for a strategic crypto reserve, naming XRP, Solana (SOL), and Cardano (ADA) as included assets, but notably excluding Bitcoin (BTC) and Ethereum (ETH).
📍 The concept of a crypto reserve has been discussed in the US, with Senator Cynthia Lummis previously introducing a bill to create a strategic bitcoin reserve, and several state legislatures attempting to create their own crypto reserves.
