ChainCatcher news, Bybit co-founder Ben Zhou released the latest summary regarding the stolen funds. It is reported that out of a total of $1.4 billion (approximately 500,000 ETH) in stolen funds, 88.87% is still traceable, 7.59% has gone missing, and 3.54% is frozen.The report shows that 86.29% of the stolen funds (approximately 440,000 ETH, worth $1.23 billion) have been converted into 12,836 BTC, distributed across 9,117 wallets, with an average of 1.41 BTC per wallet. The hackers have begun using BTC mixers such as Wasabi, CryptoMixer, Railgun, and TornadoCash to transfer funds, with 193 BTC primarily flowing to the Wasabi mixer, which were then dispersed to multiple P2P traders.Ben Zhou stated that decoding mixer transactions has become the biggest challenge currently faced and called for more bounty hunters to participate in tracking and decoding efforts. In the past 30 days, the platform received 5,012 bounty reports, of which 63 were valid reports.

ChainCatcher news, Bybit CEO Ben Zhou stated in a community AMA that the latest asset proof audit report has been obtained and will be updated on the official website soon. Bybit has returned to a 1:1 rigid redemption, and in the past 24 hours, Bybit's capital inflow ranked first among global CEXs.Bybit will launch a website tracking the flow of stolen funds and will update the recovery progress and other data in real-time. Users who provide effective clues can receive a reward.Bybit's new coin announcement section will regularly publish the performance and financial reports of listed projects, covering five major dimensions: core financial data, token metrics, on-chain activities and network health, governance and community, as well as risk disclosure and future roadmap.

ChainCatcher message, Bybit CEO Ben Zhou shared in a live broadcast: "All products and services are operating as usual. We will not stop withdrawals at this time, and we are still processing withdrawals."

ChainCatcher message, Bybit CEO Ben Zhou posted on platform X that about 1 hour ago, Bybit's ETH multi-signature cold wallet just transferred to our hot wallet. It appears that this specific transaction was forged, and all signers saw a forged UI that displayed the correct address, with the URL coming from Safe.eth.However, the signature information was intended to change the smart contract logic of our ETH cold wallet. This allowed hackers to control the specific ETH cold wallet we signed and transfer all ETH from the cold wallet to this unidentified address. Rest assured, all other cold wallets are secure. All withdrawals are normal.

ChainCatcher news, Bybit co-founder and CEO Ben Zhou posted on X: "Today's actual liquidation total is far more than $2 billion; I estimate it should be at least around $8-10 billion. Bybit's 24-hour liquidation amount alone reached $2.1 billion, while Coinglass recorded Bybit's 24-hour liquidation amount at about $333 million, but this is not all the liquidation amount. Our API limits the push volume per second. Based on my observations, other exchanges also have similar practices of limiting liquidation data. In the future, Bybit will start pushing all liquidation data. We believe in transparency."

ChainCatcher news, Bybit CEO Ben Zhou revealed in an interview with "Wu Says" that the launch of the DOGS token attracted millions of registered users to the platform, with around 400,000 to 500,000 users making deposits. The new users mainly come from Nigeria, India, and Russian-speaking regions, with Europe accounting for about 30-40%, making it the most significant token for user acquisition so far.However, this type of token play has "started to become a bit overdone," and its user acquisition effect may gradually weaken. The next wave of token projects will also see a diminishing effect on user acquisition, and Hamster may become the last token of this model listed by Bybit.