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

Following 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 […]

source https://news.bitcoin.com/crypto-chaos-bybit-livestream-tackles-recent-eth-wallet-breach-and-20b-assurance/