Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Crypto exchange Bybit was attacked Friday, CEO Ben Zhou confirmed, with more than $1.4 billion worth of funds apparently ...
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...
Bybit co-founder and CEO Ben Zhou said Friday that the platform is struggling to keep up with withdrawal requests after a ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...