Insights

Case studies and data analyses - not breaking news. Every case study ends with what it means for you and what to check in our live exchange profiles.

The Bybit hack (Feb 2025)

$1.5B via a supply-chain attack on the signing interface. Why "cold wallet" isn't a guarantee, and what the full reimbursement actually proves.

$504M for historically thin geo-enforcement. What TOS-only blocks are really worth, and why regulation and security risks are independent axes.

$8B missing in 10 days. The four structural flags anyone could have checked - and the claim-market lesson the recovery summaries skip.

Coming: a regulation tracker (licence status per jurisdiction), fee data reports, and further case studies.