BitMart Backs Bybit: Freezing Stolen Assets in Solidarity

BitMart's founder, Sheldon Xia, has publicly expressed his support for Bybit following the recent hack on the cryptocurrency exchange. In a statement on social media, Xia announced that BitMart has blacklisted the relevant addresses associated with the hack and will freeze any stolen assets that may flow into the platform. This move is aimed at supporting Bybit's asset recovery efforts and demonstrating BitMart's commitment to the crypto industry's shared destiny.

Xia emphasized the importance of reputation in the crypto industry and called for collective action to help Bybit recover losses and retrieve assets. He also extended an offer of assistance to Bybit, stating that if they need any help, they should not hesitate to contact BitMart.

The crypto industry is a close-knit community, and incidents like the Bybit hack serve as a reminder of the importance of collaboration and mutual support. ByMart's response to the hack is a testament to the industry's commitment to working together to overcome challenges and maintain the integrity of the market.