A Huge Thank You to Our Partners and Community
After last night’s security incident, we’re incredibly grateful for the swift action and support from our partners, security teams, and the broader crypto community. Your dedication and collaboration helped us navigate the situation effectively.
Moments like these remind us that crypto is built on resilience, trust, and strong partnerships. We’re taking every necessary step to ensure the highest security standards and will continue to prioritize the safety of our users.
Thank you for standing with us.
From the Sleepless Twelve Hours
Over the past 12 hours, our Bybuddies have worked tirelessly to support our users by:
- Borrowing ETH to facilitate withdrawals
- Increasing liquidity for USDT and USDC
But we weren’t alone. Many industry partners stood by us, working through the night to find solutions.
One of the most brilliant tech experts dedicated hours to identifying the root cause and provided Bybit with the first investigation report. The depth and professionalism of this report are remarkable. He even took the first flight to Dubai on his own initiative to join our security team and assist in the ongoing investigation—purely out of commitment to the industry.
“Just like him, many of our partners stepped up, proving that when the crypto industry is challenged, we come together to fight for it.” 💪💪
- Helen Liu, COO of Bybit