Bybit’s Hack Handling Earns Commendation From Former Binance CEO By Bitcoin-india-News - bitcoinindiannews

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Sunday, February 23, 2025

Bybit’s Hack Handling Earns Commendation From Former Binance CEO By Bitcoin-india-News

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. […]

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