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Binance Founder Reflects on Bybit Hack, Prioritizes Security

CoinGape LogoCoinGape15h ago

Binance Founder Reflects on Bybit Hack, Prioritizes Security - CoinGape

Quick Summary:

Binance founder Zhangpeng Zhao took to X to reflect on increasing crypto thefts, including the massive Bybit heist.

The recent Bybit hack through which the notorious Lazarus Group stole $1.4 billion in ETH has triggered alarm in the crypto space.

In addition, CZ emphasized the importance of security and commended Bybit CEO Ben Zhou for his transparent handling and steady leadership throughout the ordeal.

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 14:37:58 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 670 words

Reading Time: 4 minutes read

Sentences: 45 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26332903

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 22 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Binance Founder Reflects on Bybit Hack, Prioritizes Security" has 670 words across 45 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Binance Founder Reflects on Bybit Hack, Prioritizes Security" was covered 15 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26332903
  • URL: https://beamstart.com/news/binance-founder-reflects-on-bybit-17402353838488

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