Bybit Founder: How I Survived The Biggest Crypto Theft Of All Time | E110 скачать в хорошем качестве

Bybit Founder: How I Survived The Biggest Crypto Theft Of All Time | E110

I sat down with Ben, the CEO of Bybit, just days after the exchange suffered a $1.5 billion Ethereum hack. Enter into Ben's mind during the 72-hour Bybit crisis' response to understand how they managed 350,000 withdrawals without halting operations, all while securing replacement funds. This conversation offers invaluable insights on leadership during extreme pressure and maintaining trust when billions are at stake. In this episode, we talk about: • Bybit’s $1.5B Ethereum wallet hack and its aftermath. • 350,000 withdrawals processed during a 72-hour crypto crisis. • The vulnerabilities in the Genesis Safe system that exposed critical weaknesses. • Crisis leadership during a massive crypto bank run. • Real-time data insights that preserved Bybit’s liquidity. • A bridge loan strategy that secured replacement funds under extreme pressure. • Rebuilding trust through transparent crisis management. • The shift from third-party to in-house security solutions at Bybit. • The Hackbounty initiative designed to track and recover lost crypto funds. • New regulations that are reshaping the future of crypto custody and digital asset security. & much more! __________________________________ PARTNERS 💳 Trezor is the safest cold storage wallets for crypto security and financial independence. Buy your Trezor Wallet (use PROMO Code from the video for a 10% discount): https://trezor.io/?transaction_id=102... 🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana. https://jup.ag/ 🌱 Bitwise Asset Management is the crypto specialist asset manager with more than $10 billion client assets and more than 30 crypto solutions across ETFs, index funds, alpha strategies, staking, and more. https://bitwiseinvestments.com/ 💧Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible. https://sui.io/ 🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation. Sign up with this link and earn up to €100 : https://join.swissborg.com/r/kevinH6E7 ♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com 🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration. https://www.mantle.xyz __________________________________ FOLLOW BEN ZHOU & BYBIT • Twitter:   / benbybit   • LinkedIn:   / ben-zhou-b979ba28   • Instagram:   / benbybit   • Twitter:   / bybit_official   • Instagram:   / bybit_official   FOLLOW KEVIN & WHEN SHIFT HAPPENS👇 Twitter (X): https://x.com/KevinWSHPod Instagram:   / kevinwshpod   TikTok:   / kevinfollonier_   Linkedin:   / kevinfollonier   Website: https://www.podpage.com/when-shift-ha... _________________________________ DISCLAIMER The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome. __________________________________ 0:00 Intro 1:35 Please Subscribe 2:00 Jupiter 2:08 Bitwise 2:21 Sui 2:32 Mantle 2:46 Bouncing Back in Three Days 4:50 The Fastest Crypto Comeback 6:58 The Secret to Laser Focus 7:56 How to Handle a $1.5B Hack 15:21 Self Custody with Trezor 16:35 Judgment vs. Procedure: Making the Right Call 18:33 Why I Don’t Feel Stress 21:47 Handling PR in a Crisis 25:13 Ethereum Shortage: Restoring Stability 29:12 What’s a Great Leader? 33:14 The Only Thing That Stresses Me 34:48 Ben's Biggest Fear 35:50 The Only Time I Stop 36:25 Most Stressful Moment Ever 37:44 The Next Steps After a Crisis 41:01 How Long to Rebuild? 41:46 Buying Back 400,000 ETH 43:45 Key Decisions that helped Bybit survive 47:53 Investing in a World-Class Team 52:06 Why Bybit Never Launched a Token 55:04 Rebuilding Trust After a Crisis 56:31 Lessons in Crypto Wallet Security 58:45 The Future of Crypto Self-Custody 1:05:03 ETFs vs. Exchanges: Security Risks 1:07:13 Bybit’s Assets Before & After Hack 1:08:50 The Future Is On-Chain 1:11:03 Crypto’s Image Problem 1:13:32 Key Lessons and Biggest Regrets 1:17:21 Message to Future Entrepreneurs 1:18:18 Why Crypto Hackers Keep Winning 1:22:04 Lazarus Bounty to help the industry with hacks