CertiK Co-founder Gu Ronghui: From Bybit to Coinbase, private key protection should be a core issue

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ODAILY
05-26
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News: CertiK co-founder Gu Ronghui, in an interview with FintechTV at the New York Stock Exchange, delved into blockchain security hot topics, focusing on the systemic risks exposed by the Bybit and Coinbase incidents. Gu pointed out that blockchain security event losses in the first quarter of 2025 have exceeded $1.67 billion, with the Bybit attack targeting the Safe Wallet system highlighting the urgent need for Web3 security protection. He emphasized that a comprehensive regulatory framework urgently needs improvement, with private key protection becoming a core issue. Meanwhile, Web3 users' demand for privacy and security is driving the industry towards a more transparent and secure direction. Drawing from his experience with the Monetary Authority of Singapore and Hong Kong Web3 special task force, Gu called for a balanced approach to regulation and technology, aiming to build a more robust security foundation for decentralized finance.

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