Bybit Resolves Apple ID Login Issue Affecting User’s Funds – Coincu
The post Bybit Resolves Apple ID Login Issue Affecting User’s Funds – Coincu appeared on BitcoinEthereumNews.com. Key Points: Bybit quickly resolved a $100K Apple ID login issue. Crypto KOL & market confidence upheld asset security efforts. Potential for new regulations to protect crypto securities. On May 18, 2025, Bybit responded to an Apple ID login problem that affected a single user’s account, temporarily blocking withdrawals worth over $100,000. The incident, involving a crypto Key Opinion Leader “Hmm,” highlights the constant need for stringent cybersecurity measures. Bybit Boosts User Trust with Asset Security Assurance Bybit’s prompt actions involved top leadership, including COO Helen and leaders from customer service and risk control. The team discovered the anomaly after “Hmm” reported the issue, which was isolated, with KYC data intact and funds secure. Bybit’s resolution process ensured no alterations to the user’s authentication information. Withdrawals were stalled temporarily but resumed following the investigation. The firm emphasizes asset security and encourages swift reporting of any anomalies. “The Apple ID login vulnerability resulted in user account authentication being tampered with and blocked withdrawals, but after verification and official support contact, the issue was resolved and the user regained access.” — Hmm, Crypto Key Opinion Leader Market Data Overview Did you know? In February 2025, Bybit experienced a hack leading to losses over 1.40 billion dollars, but unlike the current Apple ID issue, this hack impacted multiple users and prompted security overhauls. Bybit hack related to BingX and Phemex hackers but was mitigated efficiently. Bitcoin (BTC) is currently valued at $103,913.43, with a market cap of $2.06 trillion. In the past 24 hours, trading volume reached $56.11 billion with a 0.58% price increase. Over 30 days, Bitcoin’s price rose by 22.39%, according to CoinMarketCap. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 03:51 UTC on May 19, 2025. Source: CoinMarketCap Coincu researchers suggest continuous monitoring of such incidents may set a precedent for…
The post Bybit Resolves Apple ID Login Issue Affecting User’s Funds – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Bybit quickly resolved a $100K Apple ID login issue. Crypto KOL & market confidence upheld asset security efforts. Potential for new regulations to protect crypto securities. On May 18, 2025, Bybit responded to an Apple ID login problem that affected a single user’s account, temporarily blocking withdrawals worth over $100,000. The incident, involving a crypto Key Opinion Leader “Hmm,” highlights the constant need for stringent cybersecurity measures. Bybit Boosts User Trust with Asset Security Assurance Bybit’s prompt actions involved top leadership, including COO Helen and leaders from customer service and risk control. The team discovered the anomaly after “Hmm” reported the issue, which was isolated, with KYC data intact and funds secure. Bybit’s resolution process ensured no alterations to the user’s authentication information. Withdrawals were stalled temporarily but resumed following the investigation. The firm emphasizes asset security and encourages swift reporting of any anomalies. “The Apple ID login vulnerability resulted in user account authentication being tampered with and blocked withdrawals, but after verification and official support contact, the issue was resolved and the user regained access.” — Hmm, Crypto Key Opinion Leader Market Data Overview Did you know? In February 2025, Bybit experienced a hack leading to losses over 1.40 billion dollars, but unlike the current Apple ID issue, this hack impacted multiple users and prompted security overhauls. Bybit hack related to BingX and Phemex hackers but was mitigated efficiently. Bitcoin (BTC) is currently valued at $103,913.43, with a market cap of $2.06 trillion. In the past 24 hours, trading volume reached $56.11 billion with a 0.58% price increase. Over 30 days, Bitcoin’s price rose by 22.39%, according to CoinMarketCap. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 03:51 UTC on May 19, 2025. Source: CoinMarketCap Coincu researchers suggest continuous monitoring of such incidents may set a precedent for…
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