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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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.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Cryptocurrency exchange Bybit has experienced total outflows exceeding $5.5 billion after suffering a $1.4 billion security ...
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
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 ...
A record-breaking crypto hack has rocked Bybit, triggering panic withdrawals and a frantic race to recover stolen funds.
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
Infini, a stablecoin neobank, reportedly suffered an exploit that resulted in a loss of $49.5 million. According to ...
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