...
The hack is a big lost to Bybit exchange and to those that were affected. However, the security of wallet is something that every investors must consider before thinking of buying Bitcoin because it determine the safety of your Bitcoin asset. So I would say that Bybit exchange hacking should be a serious warning to investors to be very careful about the kind of wallet they will keep their asset to avoid any uncertainty that will result to losing digital asset to hackers.
Smart investors who already have knowledge in storing Bitcoin assets that they have previously purchased will not use exchange wallets as a place to store their assets. Because the exchange wallet is not a personal wallet that we can access more deeply and also more freely even though every exchange user can always use the exchange wallet just for transactions. So if you are still thinking about storing assets in a particular exchange, I think that is a very wrong idea, especially if it is used to store valuable assets such as Bitcoin.
Investors only use the exchange as a place to buy Bitcoin, which after doing so they will immediately move it to the personal wallet that they have been using for a long time. Because those who often use exchange wallets to temporarily store assets are only traders, the rest do not exist because investors still prefer to bring all their assets to their own wallets.