RE: LeoThread 2025-02-27 02:38
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A vast majority of exchanges would struggle to withstand a bank run like that, as many aren't backed 1:1! (Take FTX and numerous smaller ones as examples.)
Kudos to Bybit!
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The hack was terrible! However, it’s reassuring to have chosen Bybit as a trustworthy partner six years ago, wishing them a swift recovery! 🧡
"Since the hack occurred 10 hours ago, Bybit has seen an unprecedented surge in withdrawal requests, totaling over 350,000, with about 2,100 yet to be processed. An impressive 99.994% of withdrawals have already been completed. If anyone's
withdrawal has been finalized, feel free to share your experience here. Despite facing one of the most significant hacks in history within any sector (banks, crypto, finance), Bybit's services remain operational. The entire team has been
working tirelessly through the night to address client inquiries and concerns. We're all in this together, and support is here for
you."