Bybit Hack Response Praised by Former Binance CEO
- A $1.4 billion hack occurred at Bybit.
- Former Binance CEO Changpeng Zhao, known as CZ, praised Bybit’s CEO Ben Zhao.
- The breach involved sophisticated North Korean hackers.
- Bybit’s multi-sig cold storage was targeted in the attack.
The $1.4 billion hack at Bybit led former Binance CEO CZ to commend Bybit’s CEO Ben Zhao for his transparent handling of the situation, despite the involvement of advanced North Korean hackers targeting their multi-sig cold storage.
Source (2.6)https://news.bitcoin.com/bybits-hack-handling-earns-commendation-from-former-binance-ceo/?rand=52384
