In a recent security incident involving Bybit’s Safe(Wallet), the exchange has issued an update confirming the integrity of its infrastructure and outlining further actions taken in response. A preliminary forensic investigation by experts, including Verichains and Sygnia Labs, concluded that while credentials of a Safe developer were compromised, Bybit’s own systems were not affected. This allowed attackers to initiate unauthorized transactions through a deceptive process involving the signer community. 3rd party forensic experts have confirmed no compromise within Bybit’s infrastructure as per statements from both SAFE and Bybit. For more in-depth information, you can download the full report here: https://docsend.com/view/s/rmdi832mpt8u93s7. 1,000 users lost all of their funds in this attack.