{"id":1010148,"date":"2026-05-27T08:46:31","date_gmt":"2026-05-27T03:16:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010148"},"modified":"2026-05-27T08:52:18","modified_gmt":"2026-05-27T03:22:18","slug":"not-all-crypto-wallets-work-the-same-and-that-gap-is-getting-wider","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/27\/not-all-crypto-wallets-work-the-same-and-that-gap-is-getting-wider\/","title":{"rendered":"Not all crypto wallets work the same, and that gap is getting wider"},"content":{"rendered":"<p>In February 2025, Bybit\u2019s authorised signers approved what appeared to be a routine internal transfer from cold storage. They were using hardware wallets, multisig protection, and the operational protocols considered industry best practice. The transaction they signed was not the one displayed on their screens. The result, $1.4 billion gone in a single afternoon, became the largest cryptocurrency theft in history and a working demonstration that even self-custody, when built on a compromised software stack, is only half a security decision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February 2025, Bybit\u2019s authorised signers approved what appeared to be a routine internal transfer from cold storage. They were using hardware wallets, multisig protection, and the operational protocols considered industry best practice. The transaction they signed was not the one displayed on their screens. The result, $1.4 billion gone in a single afternoon, became the largest cryptocurrency theft in history and a working demonstration that even self-custody, when built on a compromised software stack, is only half a security decision.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1010148","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010148"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010148\/revisions"}],"predecessor-version":[{"id":1010169,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010148\/revisions\/1010169"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}