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Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features


by Izabela Anna
for CoinEdition
CZ vs Wallet Firm After Bybit Hack, ZenGo Adds TRX
  • CZ questions Safe{Wallet} audit, highlighting gaps in Bybit hack investigation.
  • Safe{Wallet} claims Lazarus Group attack, but doubts persist over security flaws.
  • ZenGo adds TRX support, enhancing accessibility with diverse payment options.

The recent Bybit hack, a massive $1.46 billion loss, has created a face-off over multisig wallet security. As if to contrast the cold wallet story, ZenGo, a different crypto wallet provider, released new features to their wallet storage. 

Binance co-founder Changpeng Zhao (CZ) has publicly taken on Safe{Wallet}’s investigation of the Bybit incident, sharply questioning the lack of clear answers in their audit report.

CZ Challenges Safe{Wallet} Audit Clarity

He raised concerns over the attack’s nature, the hacker’s ability to access Bybit’s account, and potential flaws in the Ledge…

The post Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features appeared first on Coin Edition.

Read the article at CoinEdition

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Bybit Receives Backlash Over PUMP Token Sale Mismanagement

Bybit Receives Backlash Over PUMP Token Sale Mismanagement

Pump.fun’s PUMP token sale has become a reputational crisis for Bybit exchange and th...
Coinbase distances itself from social media claims it attacked Binance

Coinbase distances itself from social media claims it attacked Binance

Coinbase Chief Legal Officer Paul Grewal has firmly denied any connection between the...

Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features


by Izabela Anna
for CoinEdition
CZ vs Wallet Firm After Bybit Hack, ZenGo Adds TRX
  • CZ questions Safe{Wallet} audit, highlighting gaps in Bybit hack investigation.
  • Safe{Wallet} claims Lazarus Group attack, but doubts persist over security flaws.
  • ZenGo adds TRX support, enhancing accessibility with diverse payment options.

The recent Bybit hack, a massive $1.46 billion loss, has created a face-off over multisig wallet security. As if to contrast the cold wallet story, ZenGo, a different crypto wallet provider, released new features to their wallet storage. 

Binance co-founder Changpeng Zhao (CZ) has publicly taken on Safe{Wallet}’s investigation of the Bybit incident, sharply questioning the lack of clear answers in their audit report.

CZ Challenges Safe{Wallet} Audit Clarity

He raised concerns over the attack’s nature, the hacker’s ability to access Bybit’s account, and potential flaws in the Ledge…

The post Binance’s CZ Criticizes Safe’s Bybit Hack Report as ZenGo Expands TRX Wallet Features appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bybit Receives Backlash Over PUMP Token Sale Mismanagement

Bybit Receives Backlash Over PUMP Token Sale Mismanagement

Pump.fun’s PUMP token sale has become a reputational crisis for Bybit exchange and th...
Coinbase distances itself from social media claims it attacked Binance

Coinbase distances itself from social media claims it attacked Binance

Coinbase Chief Legal Officer Paul Grewal has firmly denied any connection between the...