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Crypto Chaos: Bybit Livestream Tackles Recent ETH Wallet Breach and $20B Assurance

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Crypto Chaos: Bybit Livestream Tackles Recent ETH Wallet Breach and B Assurance
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Source: Bitcoin.com

Crypto Chaos: Bybit Livestream Tackles Recent ETH Wallet Breach and $20B AssuranceFollowing the Bybit hack, the team organized a livestream to deliberate on the recent billion-dollar hack that transpired on the exchange. Bybit’s founder Ben Zhao clarified that the platform was undergoing “massive withdrawals” but emphasized, “It’s not an issue—We have enough tokens to give to clients.” Moreover, in a calculated maneuver, a bridge loan secured […]

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Author: Jamie Redman

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