Coinbase executive: Binance and Bitget will deposit over 50,000 ETH into Bybit cold wallet

2025-02-22 08:01:09

Collection

ChainCatcher news, Coinbase executive Conor Grogan tweeted that Binance and Bitget deposited over 50,000 ETH directly into Bybit's cold wallet, with Bitget's deposit accounting for 1/4 of all ETH at the exchange. Since the deposit address was skipped, these funds were coordinated by Bybit itself.

In response, Bybit CEO Ben Zhou stated: Thank you to Bitget for extending a helping hand at this moment, Binance and several other partners are in communication, and this fund has nothing to do with Binance officially.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

Bybit theft incident tracking

On the evening of February 21, 2025, Bybit suffered a hacker attack, with over $1.4 billion worth of cryptocurrency assets stolen. How will the incident unfold, and what subsequent impacts will it bring?

Column