Dubai, UAE, February 27, 2025 / Prnewswire / – BybitThe second largest cryptocurrency exchange in the world of trading volume has recently announced an important update for the community in a recent ongoing forensic survey on security cases. Our preliminary research results reaffirm the integrity of BYBIT’s infrastructure, providing important insights into the nature of the attack.
The Lazarus group’s examination of the attack of the target attacks concluded that the credentials of safe developers were damaged. Through this, the attacker was able to obtain unauthorized access to the safe (wallet) infrastructure, and the signer who was completely deceived for malicious approval.
BYBIT has conducted an independent review in connection with a third -party legal professional, including Verichains and Sygnia Labs. Two forensic experts did not find signs of any compromise within BYbit’s infrastructure. Safe one’s own statement It is related to the compromise of its own environment.
All reports can be downloaded here. https://docsend.com/view/s/rmdi832mpt8u93s7
Bybit’s immediate response and future measures
BYBIT moved most of its funds from the addresses managed in a safe wallet on the day of the incident. To ensure the safety and security of the user is the top priority. We actively evaluate alternative wallet solutions for custody that meets the highest security standards.
BYBIT is 100% safe. Our preliminary forensic experts concluded that our infrastructure was not damaged. We will continue to strengthen our security measures and cooperate with the top security experts to support our promise on user safety.
Bybit’s co -founder and CEO’s statement of Ben Zhou:
“BYBIT remains a firm state of our dedication to security and transparency. Preliminary forensic review found that our system was not damaged. The incident emphasizes the threats that develop in the encryption space, but we are taking precautions to strengthen security and guarantee the highest level of protection for users. ”
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About Bybit
BYBIT is the world’s second largest cryptocurrency exchange, providing services to the global community of more than 60 million users. Founded in 2018, BYBIT is a simple, open and equal ecosystem for everyone to redefine openness in the distributed world. BYBIT Partners focuses on Web3 to provide strong infrastructure and use major blockchain protocols to provide powerful infrastructure and lead chain innovation. Bybit, famous for safe custody, various market places, intuitive user experience and advanced blockchain tools, solves the gap between Tradfi and Defi and enhances Builder, Creators and Apnusiasts to exert all the potential of Web3. Discover the future of distributed finance on bybit.com.
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The update is as follows: BYBIT’s community and social media
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Bybit Confirms Security Integrity Amid Safe (Wallet) Incident – No Compromise in Infrastructure