Online reported that the Wall Street Journal quoted Web 3.0 security agency CertiK as saying that the Bybit incident was the largest single theft in the history of encryption, and the value of stolen assets caused by this hacking attack exceeded US$1.4 billion. After the incident, Bybit announced that it had reported the case to relevant authorities. Its CEO Ben Zhou stated that all Bybit's functions and products were still operating normally, and the exchange was solvent and would bear full customer losses. As of now, all Bybit withdrawal requests have been processed, and the withdrawal system has returned to normal speed.