<ul><li>Former Binance CEO Changpeng Zhao (CZ) criticizes Safe Wallet's post-mortem on the Bybit hack.</li><li>Safe Wallet confirmed the breach resulted from compromised credentials and reiterated the absence of vulnerabilities in its smart contracts or front-end source code.</li><li>CZ raised concerns about the lack of detail in the update and questioned how the attack occurred, including the involvement of social engineering or a virus, as well as how the attackers bypassed Ledger verification.</li><li>Bybit was not directly compromised, and they have restored their reserves, securing 446,870 ETH valued at $1.23 billion, ensuring 100% backing for client assets.</li></ul>

CZ Criticizes Safe Wallet’s Post-Mortem on Bybit Hack

Discover more