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OneKey
2026-09-18 01:37:12

OneKey founder Yishi Wang on AI-driven security, the Bybit hack, and how hardware wallets stay alive

OneKey founder Yishi Wang used a wide-ranging interview to map out how he entered crypto, how OneKey found its first users during DeFi Summer, and why he thinks AI has sharply compressed the timeline for both attackers and defenders. Speaking with Beca in an interview published by MarsBit, Wang said he first bought Bitcoin in 2013 while studying civil engineering, then later moved from ByteDance into crypto after deciding the industry offered faster feedback loops and a stronger personal conviction. He said OneKey’s early traction came in 2020, when larger on-chain users wanted hardware protection but found existing wallet setups cumbersome. Wang argued that local user experience improvements and open-source design helped OneKey win those users. He also described mistakes during the company’s growth phase, including nearly a year of product shortages and what he called premature design and over-optimization. A large part of the discussion focused on security. Wang said AI has cut the time needed to build a full attack chain from roughly two months with two or three senior researchers to two weeks with one security engineer in one recent case handled by OneKey’s Anzen Labs. He also walked through his reading of the $1.5 billion Bybit theft, saying the failure was not in the multisig contract, cold wallet, or Ledger device itself, but in a compromised Safe frontend engineer and a blind-signing flow that failed to show the real action being approved.

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OneKey founder Yishi Wang on AI-driven security, the Bybit hack, and how hardware wallets stay alive
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