Hackers behind the Bybit hack have cashed out $300 million of the stolen $1.4 billion in digital assets, despite efforts by the crypto industry to prevent them. The hackers are evading security experts who are trying to block the stolen funds. The scale of the hack and the hackers' ability to evade defenses have sparked debate on how Web3 firms can prevent similar attacks in the future. Some believe transparency and industry cooperation are key, while others suggest implementing zero-knowledge proofs (ZKPs) to prevent blind signing vulnerabilities. ZKP proponents believe this technology can help rebuild trust in the industry.



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