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Bybit Closes 'ETH Gap'

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,

Business Insider · 10h

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

Inside Bitcoins · 5h

Crypto & NFT Market Bybit Closes ‘ETH Gap’ Left After $1.5B Hack

Bybit Web3, one of the world’s most visited crypto exchanges and an NFT marketplace, has closed the liquidity gap left after the recent hack.

Bybit Replenishes $1.4 Billion

The Tech Report · 43m

Bybit Falls Victim to One of the Largest Crypto Thefts in History

Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine transfer. The hack triggered a surge in withdrawals, as users feared Bybit might not recover. The crypto market also reacted negatively, with Ethereum dropping 6.7% and Bitcoin falling 3%.

Business Insider · 4h

Bybit Replenishes $1.4 Billion after Largest Crypto Hack

Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange

Markets Insider on MSN · 1d

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.

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 ...

Hosted on MSN2d

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.

decrypt5h

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 ...

Ripple13h

Bybit Launches $140M Bounty Recovery Program

Bybit launches a $140M bounty program, rewarding ethical hackers for recovering stolen crypto. The initiative strengthens ...

VN Express12h

Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves

As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.

Hosted on MSN2h

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 ...

Internet of People4h

Infini suffers $50M hack, days after Bybit’s $1.5Bn exploit

Infini, a stablecoin neobank, reportedly suffered an exploit that resulted in a loss of $49.5 million. According to ...

SiliconRepublic5h

$1.5bn stolen from Bybit in ‘largest ever digital heist’

Cryptocurrency company Bybit is at the centre of potentially the worst digital heist ever reported, with more than $1.5bn ...

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Bybit Closes 'ETH Gap'

Bybit Replenishes $1.4 Billion

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