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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 · 11h

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.

Business Insider · 11h

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

Bybit Replenishes $1.4 Billion

The Tech Report · 1h

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 · 5h

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.

VN Express26m

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.

decrypt6h

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 ...

Hosted on MSN21m

Crypto Market Recap: Bybit Suffers Historic US$1.5B Hack, SEC Clears OpenSea, Robinhood

Here's a quick recap of the crypto landscape for Friday (February 24) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update ...

Internet of People5h

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 ...

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Bybit Closes 'ETH Gap'

Bybit Replenishes $1.4 Billion

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