Bybit, Ether and Lazarus

Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack
Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree,
Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto
Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in history, including a
Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist
British blockchain analytics firm Elliptic, which traced the stolen crypto, said North Korea's Lazarus Group was behind the hack. Lookonchain, another analytics firm, said Bybit secured around 446,870 ETH (~$1.23B) since the hack through loans, whale deposits, and purchases.
$1.5 Billion Stolen in Unprecedented Bybit Crypto Exchange Hack
In a staggering blow to the cryptocurrency industry, Dubai-based exchange Bybit has fallen victim to a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This incident,
Bybit Hacked: $1.5 Billion Ethereum Stolen in Massive Breach
Bybit Faces Unprecedented Industry Response A major cryptocurrency exchange, Bybit, has suffered a massive security breach, leading to the theft of approximately $1.5 billion worth of Ethereum. The incident took place late Friday evening when hackers exploited a routine transfer of funds from a secure offline wallet to a daily-use wallet.
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
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Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves
As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.
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Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
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Bybit seals ETH shortfall, CEO confirms new proof-of-reserves incoming
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible
Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...
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Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...
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Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers
Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
Bybit releases blacklisted wallets API to aid recovery program
The Bybit exchange released a blacklisted wallet application programming interface (API) on Feb. 23, following the recent ...