The Chief Executive of the Crypto Exchange Bybit ensures that the company can meet all withdrawal requests after an enormous cyber security incident.
On Friday, Bybit witnessed a major infringement of security, allowing thieves to transfer $ 1.4 billion to Ethereum (ETH) and Te Steth from the cold wallet of the stock market.
Coinbase Executive Conor Grogan to call to action The attack the greatest theft in the recorded history.
“The NK (North Korea) Hack from Bybit is the biggest robbery of all time, of each medium (Central Bank of Iraq robbery was ~ $ 1 billion).
It is ~ 10 times in dollars in the DAO hack of 2016 (however, that was a much higher% of the offer, 15% versus <0.5%).
Expect that we will see some calls for an Ethereum fork here. “
On the social media platform X, Bybit CEO Ben Zhou out That the crypto exchange was more than 350,000 withdrawal requests for hours after the attack, while customers took measures to protect their funds.
He too out Bybit customers are not allowed to worry about the state of the exchange and emphasize that the company can hand over all user assets.
“Bybit is a solvent. Even if this hack loss is not recovered, all client assets 1 to 1 are supported and we can cover the loss. “
In an update, Zhou out That Bybit had succeeded in processing all withdrawal requests without experiencing important problems.
“12 hours from the worst hack in history. All recordings have been processed. Our withdrawal system is now completely normal again, you can withdraw any amount and do not experience delays. Thank you for your patience and we are sorry that this happened.
Bybit comes out with a complete incident report and security measurements in the coming days. I will also keep you all informed of new updates. Thanks to all customers, friends and partners who helped us and supported during these unbearable 12 hours.
The real work has just begun. “
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Credit : dailyhodl.com
