Bybit Beefs Up Asset Security Following $1.45B Hack
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Bybit partners with Zodia Custody
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Such instances give a bloody nose to the prospects of increasing institutional adoption of digital assets, hence the requirement for custody services akin to what institutions would expect in the TradFi world.
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This means users can trade on Bybit while their assets remain in Zodia's custody, thus reducing exposure to on-exchange risks and preventing co-mingling of funds.
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