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Analysts Applaud Bybit For Maintaining Regular Service Despite Attack


by Ikemefula Aruogu
for CoinEdition

Share:

Hacker Moves $757k Stolen EraLend Funds to Binance, Bybit, OKX
  • Bybit conducted regular service despite the recent hack.
  • Crypto analysts believe Bybit’s response will boost customers’ confidence.
  • The crypto exchange processed over 350,000 withdrawals within 10 hours.

A renowned crypto analyst on X has applauded Bybit’s response to the latest attack on the cryptocurrency exchange. In a recent post, the foremost crypto market opinion leader highlighted the consistency with which the Bybit team conducted regular activities despite losing significantly to hackers.

According to the analyst, the Bybit team did not deflect responsibilities following the hack. Instead, they owned up and tackled the situation head-on. Bybit took a different approach that may look different from the prevailing trend in the crypto industry under similar circumstances. Most exchanges in the…

The post Analysts Applaud Bybit For Maintaining Regular Service Despite Attack appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0145

-2.42%

$ 0.00...361

$ 0.000161


Share:

In This News

Coins

$ 0.0145

-2.42%

$ 0.00...361

$ 0.000161


Share:

Read More

Major JavaScript Library Breach Puts All Crypto Websites at Risk

Major JavaScript Library Breach Puts All Crypto Websites at Risk

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Bybit Rankings 2025: Ukraine, Nigeria, Vietnam Lead Global Crypto Use

Bybit Rankings 2025: Ukraine, Nigeria, Vietnam Lead Global Crypto Use

Stablecoins emerge as the most widely used crypto product, driving adoption across bo...

Analysts Applaud Bybit For Maintaining Regular Service Despite Attack


by Ikemefula Aruogu
for CoinEdition

Share:

Hacker Moves $757k Stolen EraLend Funds to Binance, Bybit, OKX
  • Bybit conducted regular service despite the recent hack.
  • Crypto analysts believe Bybit’s response will boost customers’ confidence.
  • The crypto exchange processed over 350,000 withdrawals within 10 hours.

A renowned crypto analyst on X has applauded Bybit’s response to the latest attack on the cryptocurrency exchange. In a recent post, the foremost crypto market opinion leader highlighted the consistency with which the Bybit team conducted regular activities despite losing significantly to hackers.

According to the analyst, the Bybit team did not deflect responsibilities following the hack. Instead, they owned up and tackled the situation head-on. Bybit took a different approach that may look different from the prevailing trend in the crypto industry under similar circumstances. Most exchanges in the…

The post Analysts Applaud Bybit For Maintaining Regular Service Despite Attack appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0145

-2.42%

$ 0.00...361

$ 0.000161


Share:

In This News

Coins

$ 0.0145

-2.42%

$ 0.00...361

$ 0.000161


Share:

Read More

Major JavaScript Library Breach Puts All Crypto Websites at Risk

Major JavaScript Library Breach Puts All Crypto Websites at Risk

A critical React Server Components vulnerability rated CVSS 10.0 has triggered widesp...
Bybit Rankings 2025: Ukraine, Nigeria, Vietnam Lead Global Crypto Use

Bybit Rankings 2025: Ukraine, Nigeria, Vietnam Lead Global Crypto Use

Stablecoins emerge as the most widely used crypto product, driving adoption across bo...