Bybit, Crypto and Ethereum

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.
Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.
Bybit Hack: The Biggest Crypto Heist in History—What Happened?
Dubai-based exchange Bybit has fallen victim to a monumental security breach, resulting in the theft of approximately $1.5 billion worth of digital as
Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated
Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible.
Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
Crypto exchange eXch denies laundering Bybit’s hacked funds
In a Feb. 22 post to his investigations Telegram group, onchain sleuth ZachXBT said that eXch laundered $35 million of the funds stolen by North Korea’s Lazarus Group from Bybit and then accidentally sent 34 Ether ( ETH) with $96,000 to a hot wallet of another exchange.
Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented $1.4 billion hack hit
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
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Bybit Hack Proceeds May Now Be Routed Through Mixers: Elliptic
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
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Lazarus Group launches ‘QinShihuang’ meme coin to launder $26M more from Bybit stash
North Korea’s Lazarus Group dropped a meme coin Sunday morning called QinShihuang on the Pump Fun platform to launder $26 ...