As digital currencies gain wider acceptance, the risks associated with them are also on the rise.
Speaking at the Trustless by Design event in Prague, an invitation-only conference where BitDegree was a featured guest, Matěj Žák, the Chief Executive Officer of Trezor, highlighted a concerning trend: the growing popularity of crypto is attracting increasingly skilled cybercriminals.
“We recently saw
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$4.84B
security breach that occurred in February 2025 as a prime illustration. In this major incident, hackers, allegedly linked to North Korea, managed to steal approximately $1.5 billion in
He explained that this large-scale theft demonstrates how centralized crypto exchanges have become significant targets for those looking to illicitly gain assets, emphasizing that this threat is predicted to stay.
Cybersecurity is an ongoing battle.
Žák’s central point was that as long as considerable amounts of digital currency are held within central networks, cybercriminals will persistently try to find and exploit system vulnerabilities. As a means of defense, he recommended users take control of their own assets and keep their cryptocurrency in physical wallets instead of relying on online exchanges.
Žák ended his speech with the reveal of the Trezor Safe 7, the company’s most sophisticated hardware wallet offering. Want to know more? You can discover the complete details here.