Inside the $1.5B Bybit Hack
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 4 March 2025
⏱️ 40 minutes
🧾️ Download transcript
Summary
Bybit Head of Derivatives Business and Institutional Sales Shunyet Jan joins CoinDesk to discuss how the crypto exchange plans to recover stolen funds and the significance of transparency in its time of crisis.
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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.
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This episode was hosted by Christine Lee.
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Transcript
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. Our CEO just said, we need to be transparent. |
| 0:51.9 | If you look at the FTX example or the other |
| 0:54.5 | examples, it seems like to have the head of the exchange be transparent and show everybody |
| 1:01.4 | what's happening would be the best way forward. |
| 1:09.3 | Friends, Defi is having a moment. |
| 1:12.0 | Uniswap Labs web app and wallet connect you to the excitement. |
| 1:15.9 | Swapping and bridging our simple, low cost, and lightning fast across 13 chains, |
| 1:20.1 | including base, Arbitrum, and Unichain, the new Layer 2 network designed for Defi. |
| 1:25.1 | Thanks to deep liquidity on Uniswap protocols, you get minimal price |
| 1:28.4 | impact on every trade, now with even greater efficiency through Uniswop v4. Swap, send, on-ramp, |
| 1:35.3 | off-ramp, and bridge into a bright future. Get started at Uniswop.org. |
| 1:39.9 | The largest theft in history, $1 a half billion dollars drained from crypto exchange |
| 1:45.0 | by bit, the second largest crypto exchange in the world by spot trading volume according |
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