On February 22, The Wall Street Journal cited the views of Web3.0 security firm CertiK, stating that the recent Bybit incident is the largest single theft event in the history of cryptocurrency, with the stolen assets estimated to be worth over $1.4 billion. After the incident, Bybit announced that it had reported the case to the relevant authorities, and its CEO Ben Zhou stated that all of Bybit's functions and products are still operating normally, the exchange has the ability to compensate, and will fully bear the customer losses. As of now, all withdrawal requests at Bybit have been processed, and the withdrawal system has resumed normal speed.