Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb ...
Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced ...
The cryptocurrency exchange Bybit has been left reeling after a $1.5 billion raid that is thought to be the biggest single ...
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange. Cryptocurrency ...
Addresses tied to the Bybit hack swapped $3.64 million in ETH for DAI via DEXs, sending some to eXch, the exchange criticized ...
A full audit of all relevant wallets containing 40 asset types, by way of proof of liabilities and ownership, verified that Bybit possesses sufficient reserves to cover user assets 1:1 across the ...
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
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Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to MixersEthereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
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