August 12, 2025
hackers have drained $2B+ from exchanges
SecureVisa Group highlights common pitfalls and how to avoid them.
SecureVisa Group highlights common pitfalls and how to avoid them.
Over the last 18 months, hackers have drained $2B+ from exchanges worldwide — from Bybit’s $1.4B ETH theft to WazirX’s $235M multisig exploit. Even regulated platforms in our region have been hit.
Dubai’s Virtual Assets Regulatory Authority [VARA] framework is among the most advanced globally — but ambition alone won’t stop the next breach.
In my latest piece, I break down:
The most devastating crypto hacks of the past year — and why they worked.
=> Where VARA’s regime excels… and where it’s vulnerable.
=> What must be done now to protect Dubai’s position as the world’s most trusted crypto hub.
=> In this market, there’s no “too big to fail.” Only “too slow to react.”
