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Cyberattack Hits Large Crypto Exchange Company - $1.4 Billion in Losses
Bybit - the second largest Cryptocurrency exchange by volume - was hit with a cyberattack, causing massive losses to the tune of $1.4 billion. Swiss America's Dean Heskin and Chris Agelastos look into what happened and the overall security concerns of investing in crypto on The Secret War on Cash.
Dean and Chris also take another look into gold's outlook for 2025 as central banks outside of the US are scooping up the precious metal.
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Articles referred to in this podcast:
Bybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
https://www.newsbreak.com/share/3823966814609-bybit-just-suffered-the-biggest-attack-in-crypto-history-suffering-1-4-billion-in-losses?_f=app_share&pd=08oc6YBL&lang=en_US&send_time=1740411877&trans_data=%7B%22platform%22%3A0%2C%22cv%22%3A%2225.7.0.65%22%2C%22languages%22%3A%22en%22%7D&sep=ns_foryou_blend_exp_25q1-v8%2Cns_push_exp_rt_bucketv12-v2%2Cns_foryou_rank_exp_25q1-v8%2Cns_foryou_model_exp_25q1-v9%2Cns_foryou_recall_exp_25q1-v5&s=i16
Expect Gold To Shine In 2025
https://www.zerohedge.com/precious-metals/expect-gold-shine-2025
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