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 ...
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Cryptopolitan on MSNBen 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 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 ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
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cryptopolitan on MSNBybit CEO Ben Zhou slams Pi network as scam, cites Chinese authorities’ warningBen Zhou, the CEO of Bybit, and the controversial blockchain project Pi Network have reignited their feud. On X, Zhou posted that Bybit will not be supporting Pi Network, citing fraud as his reason.
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
Bybit has released a blacklisted wallet tool to aid ethical hackers attempting to recover stolen crypto from the Feb. 21 ...
Bybit CEO Ben Zhou intensifies criticism of Pi Network, sharing Chinese authorities' warnings and refusing to list the token.
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