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Bybit Closes 'ETH Gap'

Hosted on MSN · 45m

Bybit seals ETH shortfall, CEO confirms new proof-of-reserves incoming

Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.

decrypt · 22m

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.

cryptonews · 5h

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.

hack, Bybit and cryptocurrency

Markets Insider on MSN · 23h

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.

Seeking Alpha · 1h

Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist

British blockchain analytics firm Elliptic, which traced the stolen crypto, said North Korea's Lazarus Group was behind the hack. Lookonchain, another analytics firm, said Bybit secured around 446,870 ETH (~$1.23B) since the hack through loans, whale deposits, and purchases.

The Daily Hodl · 16h

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 following a massive cybersecurity incident.

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...

Infosecurity-magazine.com11m

Bybit Offers $140m Bounty to Recover Funds After Mega Crypto-Heist

It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...

VN Express7h

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.

1don MSN

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 ...

CoinDesk2d

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...

15hon 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 ...

2don MSN

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 ...

16h

Hackers steals USD1.4B from Bybit

On Friday, crypto exchange Bybit revealed that a hack linked to a cold wallet led to a loss of 401,346 Ethereum, worth USD1.4 ...

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