Bybit has expressed gratitude to the global crypto community for support following a recent security incident.
A United Front Against Threats
Immediately after detecting the incident, Bybit's security team took swift actions: locking down systems and securing funds. Support from key industry players helped to mitigate the impact.
Industry Leaders Take Immediate Action
Several major players in DeFi and CeFi took steps to prevent further unauthorized fund movements: - Orbiter and others blacklisted addresses related to the exploit. - Chainalysis quickly tracked and published the exploiter's addresses, facilitating coordinated industry action. - Global response teams were activated to assist with the investigation.
A Community That Stands Together
Bybit also acknowledged support from its VIP clients and users. This served as a reminder of the importance of working toward an open, decentralized financial future.
Bybit continues to provide transparent updates and work with industry leaders to protect users and strengthen defenses against future threats.
