Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features
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- CZ questions Safe{Wallet} audit, highlighting gaps in Bybit hack investigation.
- Safe{Wallet} claims Lazarus Group attack, but doubts persist over security flaws.
- ZenGo adds TRX support, enhancing accessibility with diverse payment options.
The recent Bybit hack, a massive $1.46 billion loss, has created a face-off over multisig wallet security. As if to contrast the cold wallet story, ZenGo, a different crypto wallet provider, released new features to their wallet storage.
Binance co-founder Changpeng Zhao (CZ) has publicly taken on Safe{Wallet}’s investigation of the Bybit incident, sharply questioning the lack of clear answers in their audit report.
I usually try not to criticize other industry players, but I still do it once in a while.
— CZ
This update from Safe is not that great. It uses vague language to brush over the issues. I have more questions than answers after reading it.
1. What does "compromising a Safe… https://t.co/VxywHyzqXbBNB (@cz_binance) February 26, 2025
CZ Challenges Safe{Wallet} Audit Clarity
He raised concerns over the attack’s nature, the hacker’s ability to access Bybit’s account, and potential flaws in the Ledge…
The post Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features appeared first on Coin Edition.
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