Bybit, Lazarus and Ether

Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto
Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in history, including a
Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack
Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree,
$1.5 Billion Stolen in Unprecedented Bybit Crypto Exchange Hack
In a staggering blow to the cryptocurrency industry, Dubai-based exchange Bybit has fallen victim to a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This incident,
Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist
Bybit said it successfully navigated the biggest cryptocurrency heist ever recorded, in which hackers stole about $1.5B in digital assets from the crypto exchange's ethereum cold wallet. Hackers stole over 400,
Bybit Hacked: $1.5 Billion Ethereum Stolen in Massive Breach
Bybit Faces Unprecedented Industry Response A major cryptocurrency exchange, Bybit, has suffered a massive security breach, leading to the theft of approximately $1.5 billion worth of Ethereum. The incident took place late Friday evening when hackers exploited a routine transfer of funds from a secure offline wallet to a daily-use wallet.
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
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Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Bybit hacker swaps $3.64M to DAI via decentralized exchanges
Addresses tied to the Bybit hack swapped $3.64 million in ETH for DAI via DEXs, sending some to eXch, the exchange criticized ...
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Fully Backed Within 72 hours: Bybit Maintains 1:1 Customer Assets Ratio in Latest Proof of Reserves Audited Report by Hacken
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 ...
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Bybit hack exposes multi-sig security flaws as industry reevaluates protections
Bybit faces US$5.5 billion in outflows after US$1.5 billion hack, sparking debate over blockchain security and governance ...
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Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers
Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible
Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...