The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
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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Cryptopolitan on MSNBen Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
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Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...
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Bybit launches $140 million recovery bounty program for stolen $1.5 billionBybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's ...
Crypto exchange Bybit was attacked Friday, CEO Ben Zhou confirmed, with more than $1.4 billion worth of funds apparently ...
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