Coin-Turk 24 minutes ago
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Following a significant security breach at Bybit, company officials confirmed that all withdrawal requests were processed smoothly. The incident raised concerns about the safety of assets connected to customer accounts, as nearly $1.4 billion worth of Ethereum 
$2,814 and stETH were withdrawn from cold storage. Bybit reported a rapid response to the influx of withdrawal requests following the attack.
Incident Overview and Transaction Process
The event involved a cyberattack that led to the withdrawal of certain assets from the exchange. Customers were compelled to take their own precautions as they became aware of the situation. Despite the incident, there were no reported disruptions in the system during the withdrawal process.
Hours later, Bybit was working to restore its ETH ($2,799.81) reserves to pre-incident levels by purchasing through debt and OTC transactions.
Customer Assurance and Statements
Officials announced that withdrawal processes were continuing normally and that the system had stabilized. Statements made via social media confirmed that customer assets were f…
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