Bybit CEO emphasizes asset diversification on the premise of possible hacking

Bybit co-founder and CEO Ben Zhou said exchanges must design custody and incident-response systems on the assumption that a hack is inevitable, speaking on a Wu Blockchain podcast published on the 17th of last month. Zhou advocated spreading assets across multiple locations and ensuring that a breach remains absorbable in terms of customer funds and business operations, while citing zero-trust access controls so that compromise at one point cannot spread to other resources. The approach prioritizes limiting damage from a breach rather than guaranteeing that hacking is fully prevented. Bybit's past hack exposed not only wallets holding assets but also trade-approval screens and connection paths to external services. The remarks matter as centralized exchanges face persistent security scrutiny, and the next thing to watch is how Bybit and peers implement diversification and zero-trust controls in practice.