Chainflip: A protocol upgrade will be conducted to prevent the flow of hacked funds from Bybit

ChainCatcher message, Chainflip officially announced that after discussions with the team, community, liquidity providers, major interfaces using Chainflip, and most validator providers, it has been decided to implement a protocol upgrade to prevent the illegal flow of Bybit hacker funds within the protocol.

Chainflip stated that most of the code has been completed and needs to be tested and deployed to the network, with the upgraded version expected to go live within 24-72 hours.