Binance's CZ Questions Safe's Bybit Hack Audit as ZenGo Expands TRX Wallet

Binance's CZ Criticizes Safe's Bybit Hack Report as ZenGo Expands TRX Wallet Features

Binance co-founder Changpeng Zhao (CZ) has publicly questioned the audit report by Safe{Wallet} regarding the recent Bybit hack, highlighting gaps in the investigation. CZ raised concerns over the nature of the attack, the hacker's ability to access Bybit's account, and potential flaws in the Ledger verification process. He argued that the audit's explanation left more questions than answers, expressing dissatisfaction with Safe{Wallet}'s findings.

CZ challenged the clarity of Safe{Wallet}'s audit, implying they opted for vague language instead of straightforward details. He pushed for specifics on how the compromised developer machine gained entry to Bybit's wallet and whether the hackers exploited blind signatures during the Ledger verification process. Beyond the technical aspects, CZ also inquired why the hackers targeted a specific wallet holding $1.46 billion instead of other funds managed by Safe{Wallet}.

Safe{Wallet} stood its ground, defending its audit and asserting that forensic investigations pointed to a targeted attack by the Lazarus Group. However, their explanation has done little to ease concerns among the crypto community.

In a contrasting development, as security dominated industry discussions, crypto adoption has been on the rise. ZenGo, a cryptocurrency wallet provider, announced support for the TRON (TRX) network. This integration allows users to manage TRX – storing, buying, sending, receiving, and swapping – directly within the ZenGo platform. Adding value for users, ZenGo has included additional features like real-time portfolio tracking and multiple payment options for purchasing TRX, including credit cards, bank transfers, and digital wallets.