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.
Addresses associated with the Bybit hacker have been spotted using decentralized exchanges (DEXs) to trade cryptocurrencies ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
It’s the same type of attack that was used in the Radiant Capital breach and the WazirX incident,” one expert says.
Bybit CEO Ben Zhou confirmed in an X post on Monday that the exchange has 100% closed the reserve gap from its hack on Friday ...
North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher ...
After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially ...
The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the ...
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
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