Event JSON
{
"id": "acf35bee8fcb8c256bc2505c82d8670439f0b4894aa4cb1d08808d64bb4688e5",
"pubkey": "01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"created_at": 1740254455,
"kind": 1,
"tags": [
[
"r",
"https://www.coindesk.com/business/2025/02/22/bybit-sees-over-usd4-billion-bank-run-after-crypto-s-biggest-hack"
],
[
"subject",
"Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack"
],
[
"published_at",
"1740254169"
],
[
"image",
"https://cdn.sanity.io/images/s3y3vcno/production/47c4661da4bd576211bb9e72d630911fd18bef7d-867x322.png?auto=format"
],
[
"p",
"01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"wss://relay-testnet.k8s.layer3.news"
],
[
"imeta",
"url https://cdn.sanity.io/images/s3y3vcno/production/47c4661da4bd576211bb9e72d630911fd18bef7d-867x322.png?auto=format"
],
[
"t",
"crypto:perspective"
],
[
"summary",
"Bybit's CEO, Ben Zhou, revealed that the hack saw hackers make off with roughly 70% of their clients' ether, prompting the exchange to quickly secure a loan to process withdrawals. The exchange's reserves were able to cover the withdrawals, but the crisis deepened as Safe, a decentralized custody protocol, temporarily shut down its smart wallet functionalities due to security concerns. Bybit's team had to develop new software to move the stablecoins back to their wallet and cover the withdrawal surge, and the exchange is now determining what system to use to replace Safe."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgqpvphwyy56vkcnht9t0yarx7lw2g726ykn4x8t5yjj507zna379v7dtgq5\nhttps://cdn.sanity.io/images/s3y3vcno/production/47c4661da4bd576211bb9e72d630911fd18bef7d-867x322.png?auto=format\nThe exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.\nhttps://www.coindesk.com/business/2025/02/22/bybit-sees-over-usd4-billion-bank-run-after-crypto-s-biggest-hack",
"sig": "c75e585e5be02a6ae4ffd49bfdb79fd858f41fcd328a96c57f58756b99dedfb944b075552b49820b07b19cbf7116836d416e69d65747dd86f159ae00be9c0cfd"
}
