Bybit CEO： Bitcoin is the main reserve, and other cold wallets are not affected

Odaily Planet Daily News: Bybit CEO stated during a live broadcast that Bybit usually conducts internal asset transfers every three weeks, depending on the balance in our hot wallet. Whenever the hot wallet reaches the benchmark that we believe needs to be replenished, a transfer transaction occurs, and I am the last signatory of the transfer transaction. At that time, I checked the link, target address, code, and other information, but did not check thoroughly, which led to the theft incident. Subsequently, we confirmed that the hacker attack and the signed code wallet were Ethereum cold wallets under the secure wallet, and other cold wallets were not affected. Bitcoin is our primary reserve and very secure.