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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,

cryptonews · 1h

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.

Crypto on The Street on MSN · 1d

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, cryptocurrency and hack

Markets Insider on MSN · 20h

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.

CoinDesk · 1d

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.

Arabian Post on MSN · 23h

Bybit Endures $1.5 Billion Crypto Heist Amidst Withdrawal Surge

Cryptocurrency exchange Bybit has suffered a significant security breach, resulting in the theft of approximately $1.5 billion in digital assets. The incident has prompted a substantial number of users to withdraw their funds,

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.

The Daily Hodl12h

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 ...

VN Express3h

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.

Ripple4h

Bybit Launches $140M Bounty Recovery Program

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

cryptonews18h

Bybit CEO Vows to Recover Stolen Funds, Discusses Possibility of Ethereum Blockchain Rollout

Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...

Australian Associated Press55m

Bybit Defies Odds: How the Largest Crypto Hack in History Became a Test of Resilience and Transparency

The crypto industry rallied around Bybit, demonstrating a united front against security threats. Major exchanges blacklisted the hacker's wallets, preventing further movement of stolen funds. This ...

21h

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...

11hon MSN

Bybit releases blacklisted wallets API to aid recovery program

The Bybit exchange released a blacklisted wallet application programming interface (API) on Feb. 23, following the recent ...

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