The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the rising star of Web3, could have prevented the hack.

It's only February but hackers have already stolen $1.6 billion in exploits, blockchain security firm Immunefi has said.

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.