BTCUSDT eXch, the coin mixer platform used by North Korean hackers, rejected Bybit's request for cooperation. SlowMist pointed out that eXch was involved in multiple security incidents, exposing the personal information of industry security personnel, and all platforms should improve their risk control level for funds from eXch.
ETHUSDT Bybit CEO BEN said in yesterday's Space that the last rollback was due to the theft of 30% of ETH. Although the amount this time is large, it only accounts for about 0.3% to 0.4%, so Ethereum may not consider rolling back. However, Bybit is also trying to contact Vitalik to see what advice he can give us
ETHUSDT Ethereum developer Tim Beiko said that unlike the TheDAO hack in 2016, the attack on Bybit did not violate the Ethereum protocol rules, and a rollback would lead to widespread and difficult-to-repair chain reactions, and could even bring more destructive consequences. The cost of a rollback could be far more than $1.5 billion.
BTCUSDT Bybit has now officially launched the "Bounty Recovery Program". Contributors who successfully recover funds will receive a 10% reward. If all funds are recovered, the total bounty may be as high as $140 million. "We have shared in a dark moment of crypto history, and we’ve proven we are better than the malicious actors."
ETHUSDT Bybit CEO BEN said that fortunately, the company's assets are far greater than $1.5 billion; there is a cold wallet in safe with nearly 3 billion US dollars in USDT, but fortunately it has not been stolen; if more than $10 billion was stolen, it might be necessary to consider selling the company.