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 “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges.
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the ...
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
With the recent theft of $1.5 billion from Bybit reigniting security concerns among Web3 industry investors, Luffa is ...
Bybit faces US$5.5 billion in outflows after US$1.5 billion hack, sparking debate over blockchain security and governance ...
Newsable Asianet News on MSN4h
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback