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 “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges.
$1.46 billion would equate to the largest cryptocurrency hack of all time in dollar terms, with $470 million being lost in ...
Addresses associated with the Bybit hacker have been spotted using decentralized exchanges (DEXs) to trade cryptocurrencies ...
Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in ...
Overview of the Bybit Hack On February 21, 2025, cryptocurrency exchange Bybit suffered a major security hack, leading to the theft of about $1.4 billion worth of Ethereum (ETH) and associated assets.
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
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