- 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…
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