A $1.4 billion hack at Bybit prompted former Binance CEO Changpeng Zhao, known as CZ, to commend Bybit’s chief executive, Ben Zhao, for his transparent and measured response. Massive Bybit Hack Spurs CZ to Warn: ‘We Should Never Take Security for Granted’ The breach, linked to sophisticated North Korean hackers, targeted Bybit’s multi-sig cold storage. […]
Source link

Chain Articles > Blog > Bitcoin > Bybit’s Hack Handling Earns Commendation From Former Binance CEO
Bybit’s Hack Handling Earns Commendation From Former Binance CEO
posted on
You Might Also Like
Woman Sentenced To Nearly 10 Years For $5.7M Fraud Against Bybit In Singapore
Jack DaviesFebruary 23, 2025
A Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of...
What Are BRC-20 Tokens? An Introduction
Jack DaviesFebruary 23, 2025
Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired...
AI Agents in DeFi: User Control Must Be ‘Non-Negotiable,’ CEO Warns
Jack DaviesFebruary 23, 2025
Renç Korzay, CEO of Giza, emphasizes that ethical considerations in AI agent development must be “architecturally enforced.” He advocates for...
Disgusting Behavior: Pi Network Supporters Claim ‘Instant Karma’ as Bybit Suffers $1.4 Billion Hack
Jack DaviesFebruary 23, 2025
After Bybit CEO Ben Zhou’s strong statements against Pi Network, many Pi supporters are celebrating what they call “instant karma”...