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.
North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
With the recent theft of $1.5 billion from Bybit reigniting security concerns among Web3 industry investors, Luffa is ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
In response to a large-scale security breach and subsequent theft of more than $1.4 billion in Ethereum (ETH), Bybit is offering a 10% bounty for recovery of the stolen funds. This unique step is to ...
Bybit closes its ETH gap after a $1.4B hack, with a new Proof of Reserves report confirming full asset coverage.
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Crypto Market Recap: Bybit Suffers Historic US$1.5B Hack, SEC Clears OpenSea, RobinhoodHere's a quick recap of the crypto landscape for Friday (February 24) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update ...
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