Bybit CEO Confirms Closing ETH Gap, Exchange Back to 100% Reserves After Record $1.5B Hack
Bybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap was filled using a combination of
Bybit says $1.5bln worth of crypto stolen in ether wallet hack
"All client funds are safe, and our operations continue as usual without any disruption," the company said, adding its security team, along with forensic experts, was investigating the incident
Bybit CEO: ETH Gap Closed Post $1.4B Hack, Exchange to Publish POR Audit
Bybit CEO said the exchange has restored its Ethereum holdings after a $1.5B hack and will release a proof-of-reserves audit soon.
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,
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 Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw hackers,
Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance.
Ethereum Community Rejects Rollback Proposal After Bybit’s $1.4 Billion Hack
A massive security breach at cryptocurrency exchange Bybit has resulted in the theft of approximately $1.4 billion in Ethereum , marking one of the largest heists in the digital currency sector to date.
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
Shock as crypto exchange Bybit is hit by record-breaking $1.5 billion hack
Bybit crypto exchange has suffered a major hack, losing $1.5 billion in digital assets. This is believed to be the biggest crypto theft in history.
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Bybit Acquires 100% Ethereum Lost From the Hack In 48 Hours
Crypto exchange Bybit announced that it has recovered almost 100% of its Ethereum lost through loans and other OTC deals.
Hackers steal $1.5 billion from Bybit in record-breaking crypto heist: What we know so far
The Bybit crypto heist surpasses a previous record in 2022, when hackers drained $620m (£490m) heist of Ethereum and USD Coin ...
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Bybit CEO Says Crypto Exchange Is Solvent, All User Assets Backed 1:1 Following ‘Largest Heist of All Time’
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all 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 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.
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Bybit Launches $140M Bounty Recovery Program
Bybit launches a $140M bounty program, rewarding ethical hackers for recovering stolen crypto. The initiative strengthens ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...