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Due to Bybit Report Impact, SAFE Experiences Short-Term Price Drop of Over 12%

4 hours ago

On February 26th, based on market data, it is possible that due to Bybit's latest report, SAFE witnessed a temporary decline of more than 12% and is currently trading at $0.4681. Previously, BlockBeats reported that Bybit released a new report indicating that the recent $1.5 billion theft was a result of a Safe infrastructure vulnerability. Safe responded by stating that the theft occurred because the Safe {Wallet} developer's machine was compromised and no vulnerabilities were found in the Safe smart contract or frontend and service source code.
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