Inside the Bybit Hack, Crypto & Blockchain Security | Andres Monteoliva, Range Co-founder

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12d ago 32:47

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New on The Index— What happens when $1.5B disappears overnight?

Host Alex Kehaya chats with Andres Monteoliva, Co-founder and CEO of Range—a blockchain security and intelligence platform—about the high-profile crypto hacks that have exposed major gaps in Web3 and how they’re shaping the future of blockchain security.

Together, they unpack the real-world failures behind some of the biggest exploits and explore how Range is using real-time risk modeling to help prevent the next billion-dollar breach.

From the $600M Ronin Bridge hack that went unnoticed for days to Reddit users spotting the Osmosis exploit before the devs did, Monti shares how these events exposed major gaps—and why they led him to build Range, now a cross-chain monitoring platform protecting ecosystems like Solana and Cosmos.

They break down the Bybit hack, where attackers used a compromised dev machine to deploy malicious frontends, and why 70% of stolen funds still trace back to Web2-style exploits like key compromises.

Monti also dives into Range’s multi-layered defense system—combining transaction monitoring, asset tracking, and real-time anomaly detection using heuristics and machine learning.

If you're building in Web3, this episode is packed with hard-earned lessons on securing your protocol without sacrificing decentralization.

Website: https://www.range.org/

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Chapters

1. Inside the Bybit Hack, Crypto & Blockchain Security | Andres Monteoliva, Range Co-founder (00:00:00)

2. Welcome to the Index Podcast (00:00:06)

3. Introduction to Andres Monti and Range (00:00:33)

4. Andres' Journey into Blockchain (00:01:26)

5. Birth of Range After Major Hacks (00:04:28)

6. Range's Security Services Evolution (00:09:49)

7. Solana Security Challenges (00:14:25)

8. The Bybit $1.5B Hack Breakdown (00:19:09)

9. Censorship vs Security Dilemma (00:25:36)

10. Closing and Future Project Teaser (00:31:24)

135 episodes

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