Bybit CEO: Bitcoin is the main reserve, other cold wallets are not affected
2025-02-21 17:36:00
Odaily News Bybit CEO said during the live broadcast: Bybit usually conducts internal asset transfers every three weeks, depending on the balance in our hot wallet. Whenever the hot wallet reaches the benchmark we think needs to be replenished, a transfer transaction will occur. I was the last signer of the transfer transaction. At that time, I checked the link, target address, code and other information, but I did not check it thoroughly, which led to this theft. Later, we determined that the hacker attack and the signed code wallet were Ethereum cold wallets under the security wallet, and other cold wallets were not affected. Bitcoin is our main reserve and it is very safe.
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