DEV Community

Cover image for Here's what you MUST do if your crypto gets stolen
Paul Osadchuk
Paul Osadchuk

Posted on

Here's what you MUST do if your crypto gets stolen

$1.5B stolen from Bybit and $49.5M from Infini just this week. Here's what you MUST do if your crypto gets stolen:

1. Document Everything

  • Screenshot all suspicious transactions
  • Note exact timestamps and wallet addresses
  • Save all error messages and platform communications

2. Report Immediately

  • Contact the exchange's support team
  • File a report with blockchain security firms like CertiK or PeckShield
  • Document your case number and all correspondence

3. Secure Your Remaining Assets

  • Transfer funds to a different secure wallet
  • Change ALL passwords and 2FA
  • Revoke permissions for suspicious smart contracts

Pro Tips:

  • Never keep large amounts on unverified exchanges - Bybit's cold wallet hack proves even "secure" storage can fail. Better use exchanges with third-party audits: Coinbase, WhiteBIT, or Bitget. 
  • Use hardware wallets and multi-sig setups
  • Be extra cautious with private key management - Infini's hack happened due to admin key mishandling

Heroku

This site is built on Heroku

Join the ranks of developers at Salesforce, Airbase, DEV, and more who deploy their mission critical applications on Heroku. Sign up today and launch your first app!

Get Started

Top comments (0)

Heroku

Simplify your DevOps and maximize your time.

Since 2007, Heroku has been the go-to platform for developers as it monitors uptime, performance, and infrastructure concerns, allowing you to focus on writing code.

Learn More

👋 Kindness is contagious

Please leave a ❤️ or a friendly comment on this post if you found it helpful!

Okay