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
Crypto News You May Have Missed This Week | April 21, 2025
Jack DaviesApril 22, 2025
From Sony’s new web3 project to new updates from Bybit, here’s a roundup of the top crypto stories you may...
Recession In the US Confirmed? Fed Warning Triggers Bitcoin Panic
Jack DaviesApril 22, 2025
Is a recession in the US confirmed? With the 10-year bond yield once again spiking above 4.40% and equity futures...
Bitcoin Price Surges To $88,000 As Institutional Demand And Gold Rally Fuel Momentum
Jack DaviesApril 22, 2025
Bitcoin’s price continued its upward trajectory today, rising $3,735 (4.42%), at the time of writing, to reach $88,300, seemingly driven...
Klaus Schwab Steps Down as World Economic Forum Chairman After More Than 50 Years
Jack DaviesApril 22, 2025
The 87-year-old founder of the elite think tank with a mission to “improve the state of the world” announced his...