Bybit founder Ben gave an interview, detailing the shocking 72 hours of Bybit's $1.5 billion theft and how he managed to turn the tide. The interview included numerous details and monologues The security team informed me that this is related to a transaction I signed, and they suspect that it may have caused a security vulnerability in the wallet. Do we have any other assets under Genesis Safe besides this hacked wallet? "They replied, adding a stablecoin wallet worth up to $3 billion. I immediately asked them to confirm if the 3 billion dollars were safe. They ultimately confirmed that the stablecoin wallet was not affected. At that time, I said to the CFO, 'Can we cover this loss with the company's funds?' He replied yes. After hearing this answer, I breathed a sigh of relief in my heart Our company has an emergency mechanism called "P-1 Incident" to handle the most serious crises. We conduct drills every month to simulate various major events that may occur. We have a dedicated P-1 button that any employee can press. Once triggered, the system will automatically wake up all management layers and contact them one by one via phone. If someone does not answer, the system will automatically call the next person in charge until someone answers. At the same time, the team will be automatically assigned to an online meeting room to start recording events, assigning tasks, and implementing solutions. For me, when faced with pressure or unexpected events, I hardly feel stressed. When people feel a lot of pressure, it is often because they know there is something that needs to be done, but they have not taken action. And my approach is that whenever there is something that needs to be dealt with, I immediately do it, so stress is not a problem for me. I left home and lived alone in New Zealand since the age of 12. At that time, I didn't have the company of my parents and had to face various problems in life alone, whether it was adapting to the host family, school affairs, or unexpected situations in life. So no matter what emergency situation happens, I must handle it myself, there is no one else to rely on. I don't just think about the first, second, and third steps step step by step, but instead jump straight to the crucial fourth or fifth step. When facing a major crisis, the core of public relations is not the public relations team, but the founder and CEO themselves. If I ask the PR team to draft information and post it on Twitter at this time, or if PR personnel speak up, it will only backfire. Because in times of crisis, the public will not trust the statements of a public relations team, they need to hear a direct response from the founder or CEO. I believe that showing everyone my face and explaining issues directly to the public as a founder and CEO is the key to building trust. Although this hacking incident is regrettable, it has also strengthened my determination to fight against hackers to the end. In addition, we plan to launch a dedicated website this week called http:// (HackBounty.com)， This is an aggregation platform dedicated to tracking stolen funds, where anyone can post bounty missions and become a bounty hunter. Through this platform, we hope to help all victims track stolen funds while enhancing the industry's sense of responsibility and transparency. read the whole passage: https://www. (techflowpost.com)/article/detail_23916.html