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Chainflip: Strengthening ETH broker-level screening mechanisms to reject suspicious deposits
2025-02-22 09:46:01

Odaily News Chainflip updated the latest situation of the Bybit theft incident and said: "We have noticed that hackers are trying to convert the stolen funds from Bybit into BTC through Chainflip. At present, we have shut down some front-end services to prevent the flow of funds, but because the protocol is completely decentralized with 150 nodes, we cannot completely shut down the entire system. As a longer-term solution, we are strengthening the screening mechanism at the ETH broker level to reject suspicious deposits through the broker-api. Currently, the mechanism has been applied to BTC, and we only need to complete the implementation of ETH."