Bybit closes NFT and IDO platforms after $ 1.5 billion in great security incident- change of strategy to tighten the offer and loss of loss.

Bybit closes NFT and IDO platforms after $ 1.5 billion in great security incident- change of strategy to tighten the offer and loss of loss.

Bybit closes NFT and IDO platforms after a safety incident of $ 1.5 billion

The cryptocurrency exchange by BYBIT has announced that it closes its platforms for non-fungable tokens (NFTS) and Initial Dex Offerings (IDOS). This step takes place shortly after a serious security incident, which causes damage of $ 1.5 billion.

The decision to switch off the two platforms is based on a strategic realignment that pursues the goal of optimizing the offers of Bybit and dealing with the financial losses as a result of the security incident. The step is part of the company's efforts to focus more on its core offers in the area of ​​trade in cryptocurrencies and to further improve the safety of the users.

The closure of the two platforms could have far -reaching effects on the users who were active in the areas of NFTS and IDOs. However, bybit has emphasized that it continues to endeavor to create a safe and user -friendly trade environment, while it is also working on new solutions to meet the requirements of the market.

In a time when security in the cryptocurrency sector is becoming increasingly important, this step of Bybit is a conscious decision to ensure trust and stability in its remaining services. The users are asked to regularly find out about future developments on the platform.