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,
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 & NFT Market Bybit Closes ‘ETH Gap’ Left After $1.5B Hack
Bybit Web3, one of the world’s most visited crypto exchanges and an NFT marketplace, has closed the liquidity gap left after the recent hack.
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’s $1.4B crypto hack could be an angel in disguise for Ethereum
Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH? Ether has time and time again failed to reach the new high’s the market has longed for after a new crypto-friendly administration under President Trump,
“Largest Crypto Hack In History” Bybit Faces Historic $1.5 Billion Crypto Hack, Ethereum Price Drops 4%
Bybit, a Dubai-based crypto exchange, suffered a massive $1.5 billion hack, triggering $5.5 billion in withdrawals. Suspected to be the work of North Korea’s Lazarus Group, the breach shook the crypto world,
$1.5 Billion Stolen in Unprecedented Bybit Crypto Exchange Hack
In a staggering blow to the cryptocurrency industry, Dubai-based exchange Bybit has fallen victim to a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This incident,
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Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers
Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
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Bybit suffers $1.5b “biggest ever” crypto theft
The cryptocurrency exchange Bybit has been left reeling after a $1.5 billion raid that is thought to be the biggest single ...
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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 ...
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 ...
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Bybit hack exposes multi-sig security flaws as industry reevaluates protections
Bybit faces US$5.5 billion in outflows after US$1.5 billion hack, sparking debate over blockchain security and governance ...
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“Bybit is Solvent even if this hack loss is not recovered”, reassures CEO Zhou
And, despite the massive loss, the co-founder and CEO of the exchange – Ben Zhou has taken to social media to assure the ...
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 ...
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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.
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.
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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.