Dubai, United Arab Emirates, February 27, 2025 / PRNEWSWIRE / – PipeToday, it issued an important update to the community on the ongoing criminal investigation into the last security incident. Our initial results again emphasize the integrity of the BYBIT infrastructure while providing important visions about the nature of the attack.
The criminal review of the targeted attack by the Lazaros Group concluded that a safe developer accreditation data was at risk. This allowed the attacker to reach unauthorized access to the safe infrastructure (wallet) and fully deceive the two positions to agree to harmful treatment.
Bybit had shared forensic experts at the third party, including Verichains and Sygnia Labs, to conduct an independent review. None of the forensic experts found any indications of any compromise inside the BYBIT infrastructure as certain in A safe statement Regarding the settlement from its own environment.
The full report can be downloaded here: https://docsind.com/view/s/rmdi832MPT8U93s7
Inbit by immediate response and future measures
Bybit has moved most of the money from its safe addresses that were managed on the day of the accident. The safety and security of our users remains our top priority. We evaluate an alternative portfolio solution for custody that meets the highest security standards.
Bybit is 100 % safe. Our primary forensic experts concluded that our infrastructure was not at risk. We will continue to enhance our security measures and cooperate with senior security experts to support our user’s safety.
A statement from Ben Chu, co -founder and CEO of bybit:
“Bybit is still fixed in our commitment to security and transparency. You find a preliminary forensic review that our system has not been hacked. While this incident confirms the advanced threats in the encryption space, we are taking proactive steps to enhance security and ensure the highest level of protection for our users.”
#Bybit / #thecryptoark
About bybit
Pipe It is the second largest exchange of encrypted currency in the world through trading size, as it serves a global community of more than 60 million users. Founded in 2018, bybit redefines openness in the decentralized world by creating a simpler and equal environmental system for all. With a strong focus on Web3, Bybit is strategically inconsistent with the leading Blockchain protocols to provide a strong infrastructure and drive innovation on the chain. She is famous for her safe custody, various markets, anchor user experience, advanced Blockchain tools, embodies the gap between Trafi and Defi, empowering builders, creators, and lovers to cancel the full capabilities of Web3. Discover the future of decentralized financing in bybit.com.
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