Chainflip plans to upgrade to prevent Bybit hackers from exploiting cross-chain DEX! ! ! Chainflip is taking emergency escalation measures to prevent Bybit hackers from using its platform for money flow. The developer announced that it will deploy version 1.7.10 within 24 to 72 hours, rejecting any ETH and ERC20 token deposits facilitated through brokers to enhance the security of the protocol. The measure reflects Chainflip’s strong response to illegal capital flows, aiming to protect liquidity providers and ensure platform stability. After the hack, Chainflip also discovered that Bybit hackers had tried to use their protocol for USDC exchange. This move provides stronger protection for protocols and users, but also raises security issues regarding cross-chain platforms. The speed of hackers' money laundering is shocking, and how to balance fast transactions and security protection seems to be a major challenge facing cross-chain protocols. At the same time, security issues in the industry continue to be exposed. Who can truly ensure the security of crypto assets? #ETH #BTC #xrp #crypto market callback #Ethereum rollback dispute $ETH $BTC $XRP