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Robinhood’s Head of Crypto, Johann Kerbrat, says crypto remains too complex for mainstream users, admitting that it was “made by engineers for engineers.”

The hack of Bybit is the latest incident in which the crypto industry has been targeted.

The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.

Mason Jappa predicts Bitcoin mining will stay profitable for at least 12 more years, but post-2036, miners will rely on transaction fees or a $1 million BTC price.

Fred Krueger, a Wall Street veteran and mathematician, believes Bitcoin is still in its “first inning” with 20 to 30 years of massively high returns ahead.

The ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected, with withdrawals proceeding normally, CEO Ben Zhou said in a post on X. "All client funds are safe, and our operations continue as usual without any disruption," the company said, adding its security team, along with forensic experts, was investigating the incident.

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours