The Bybit hack has prompted discussions about how the exchange handled the situation. Bybit's CEO has stated that the exchange has closed the ETH gap and will release an audit report soon. Ledger's CTO, Charles Guillemet, has commented on the incident, stating that 2021 is the worst year for cybercrime. He emphasized the need for the industry to move beyond trust-based security models and adopt proactive security infrastructure. Guillemet also expressed concerns about further attacks from Lazarus, the North Korean group linked to the hack. He suggested that Bybit should have paused certain central functions and conducted forensic investigations. Guillemet stressed the importance of using enterprise-grade security and custody solutions for managing significant amounts of value.



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