Log inSign up
Ben Zhou
Bybit
1,984 posts
Image
user avatar
Ben Zhou
Bybit
@benbybit
co-founder and CEO of BYBIT
bybit.com
Joined February 2019
554
Following
274.8K
Followers

New to X?

Sign up now to get your own personalized timeline!

Create account

By signing up, you agree to the Terms of Service and Privacy Policy, including Cookie Use.

Terms·Privacy·Cookies·Accessibility·Ads Info·© 2026 X Corp.
Don't miss what's happening
People on X are the first to know.
Log inSign up
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    Since the hack (10 hrs ago) , Bybit has experienced the most number of withdraws that we have ever seen, We have had a total number of more than 350k withdraws requests, so far, around 2100 withdraw requests left to be processed. Overall 99. 994% withdraws have been completed. If
    4.8M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 21, 2025
    Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss.
    6.3M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    12 hr from the worst hack in history. ALL withdraws have been processed. Our withdraw system is now fully back to normal pace, you can withdraw any amount and experience no delays. Thanks for your patience and we are sorry that this has happened. Bybit will come out with full
    3.2M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    We are moving 2.95B USDT from cold wallet to warm wallet, this is planned manoeuvre, FYI. We are not hacked this time...
    2.2M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 21, 2025
    Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from @safe . However the signing message was to change
    Visit Etherscan.io
    Ethereum Transaction Hash: 0xb61413c495... | Etherscan
    From etherscan.io
    8.4M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    Bybit is overwhelmed by all the support that we got from partners and industry friends during last night critical time. Here I want to say thanks to all the friends, partners who offered or helped us in any way or form. I am truly grateful. We will need a lot more help down the
    1.4M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    some of you saw I am wearing a WHOOP and asked what is my stress monitor look like for last night. Here is it, I didn't get any single sleep, but actually looks not too bad, i guess i was too focused commanding all the meetings. Forgot to stress...I think it will come soon when i
    Image
    Image
    1.7M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 24, 2025
    Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through merkle tree, Stay tuned.
    user avatar
    Lookonchain
    @lookonchain
    Feb 24, 2025
    Since being hacked, #Bybit has received ~446,870 $ETH($1.23B) through loans, whale deposits, and ETH purchases. #Bybit has nearly closed the gap.
    Image
    2.1M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 3, 2025
    I am afraid that today real total liquidation is a lot more than $2B, by my estimation it should be at least around $8-10b. FYI, Bybit 24hr liquidation alone was $2.1B, As you can see in below screenshot, Bybit 24hr liquidations recorded on Coinglass was around $333m, however,
    Image
    Image
    4.7M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 20, 2025
    1. Here is a official police warning of $Pi from Chinese police back in 2023 warning to the public that it’s a scam targeted towards elderly folks hengyang.gov.cn/gaj/jqts/20230… which leaks their personal data and loss of their pension. There are multiple other reports out there
    This Post is from a suspended account. Learn more
    3.5M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Jun 13, 2025
    The wait is over! You can now trade Gold/stock/forex and indices directly on your Bybit App. Open your Bybit app, go to trade then TradFi to explore.
    Image
    Image
    1.3M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 21, 2025
    I am starting a live stream soon, to answer all questions!! please stay tuned.
    1.6M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Feb 22, 2025
    I do agree with CZ that if this hack was conducted through penetrating our internal systems such as any part of the withdraw system or one of our hot wallet was breached, we would've halted all withdraws until we find the root cause of the problem. In the case of yesterday, it
    user avatar
    CZ 🔶 BNB
    @cz_binance
    Feb 22, 2025
    Some thoughts on the recent hack(s). There is a pattern where hackers were able to steal large amounts of crypto from multi-sig “cold storage” solutions, as with ByBit, Phemex, WazirX and potentially others. In the most recent ByBit case, the hackers were able to make the
    1.1M
  • user avatar
    Ben Zhou
    Bybit
    @benbybit
    Jan 26, 2025
    Which meme should @Bybit_Official list next? Comment , retweet and lets see what communities want.
    865K