Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
Bybit closes its ETH gap after a $1.4B hack, with a new Proof of Reserves report confirming full asset coverage.
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...
Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat ...
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto ...
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
It’s the same type of attack that was used in the Radiant Capital breach and the WazirX incident,” one expert says.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
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 ...
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