Binance Co-Founder Changpeng Zhao (CZ) has issued a warning about the increasing number of crypto hacks and emphasized the need for stronger security measures. He highlighted the recent $1.4 billion breach at Bybit, where hackers manipulated the front-end interface to conduct illegitimate transactions. CZ suggested that exchanges should pause withdrawals after an attack to investigate and fix security breaches before resuming operations. He praised Bybit CEO Ben Zhou for his transparency during the hacking crisis and urged the crypto community to prioritize security and choose safe platforms.



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