Crypto exchange Bybit announced that it has recovered almost 100% of its Ethereum lost through loans and other OTC deals.
Bybit CEO Ben Zhou says the exchange has managed to "fully close the ETH gap" days after the $1.4 billion Lazarus hack.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
Bybit CEO said the exchange has restored its Ethereum holdings after a $1.5B hack and will release a proof-of-reserves audit ...
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.
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
Bybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap ...