Bybit to help Bitget trace stolen cryptocurrency after major hack

  • Bybit said it will support Bitget after the rival exchange suffered a major hack.
  • Ben Zhou said LazarusBounty will detect and track Bitget's stolen funds.
  • Bitget previously helped Bybit during its own hacking incident.

Bybit said it will support Bitget after the rival exchange suffered a major hack, with CEO Ben Zhou announcing an update to the LazarusBounty platform to detect and track the movement of stolen funds. The cooperation follows Bitget’s assistance during Bybit’s own hacking incident. Bitget head of Greater China Xie Jiayin thanked Bybit and Zhou and said the exchange was willing to cooperate.

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Bybit to help Bitget trace stolen cryptocurrency after major hack - CoinPost Terminal