Bybit Hack Drains $1.5 Billion From Cryptocurrency Exchange
Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange. Cryptocurrency exchange Bybit on Friday said a cyberattack allowed hackers to steal roughly $1.5 billion worth of digital currency.
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ETH gap” it faced after an unprecedented $1.4 ...
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
Bybit has fallen victim today to one of the largest crypto hacks ever recorded, with hackers reportedly stealing over $1.4 ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
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Bybit CEO Confirms Closing ETH Gap, Exchange Back to 100% Reserves After Record $1.5B HackBybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap ...
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto ...
Bybit closes its ETH gap after a $1.4B hack, with a new Proof of Reserves report confirming full asset coverage.
Ethereum (ETH) has fallen by 35% since December 2024. The Ethereum price follows an ascending support trend line. Can ETH ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
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