Chainflip Addresses Bybit CEO's Request Amid Security Concerns

According to Odaily, cross-chain bridge Chainflip has responded to a request from Bybit CEO Ben Zhou regarding the freezing of funds. Chainflip stated that while they are making every effort to address the current situation, as a decentralized protocol, they are unable to completely stop, freeze, or redirect any funds. However, they have closed some front-end services to prevent the movement of funds. Previously, Ben Zhou had posted on the X platform, indicating that hackers were attempting to transfer BTC through Chainflip and requested Chainflip's assistance in preventing further asset transfers to other chains.