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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Newsable Asianet News on MSN19m
Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to MixersEthereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
ByBit has recovered $1.5 billion in Ethereum (ETH) following a significant security breach. Hackers conducted unauthorized ...
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...
Users withdrew $5.5 billion from Bybit in a single day after the crypto exchange, which declined to list Pi Network, was hit by a $1.5 billion cyberattack, potentially the largest crypto theft in ...
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
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