Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges.
British blockchain analytics firm Elliptic, which traced the stolen crypto, said North Korea's Lazarus Group was behind the ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
The idea of rolling back Ethereum (ETH-USD) to reverse the $1.4 billion Bybit hack sparked instant backlash from the crypto community. The ...
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
Infini, a stablecoin neobank, reportedly suffered an exploit that resulted in a loss of $49.5 million. According to ...
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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Stablecoin Bank Infini Earn Latest Hack Victim, Sees $49.5M USDC Flow Out to AttackersDeFi stablecoin bank Infini Earn was exploited for $49.5 million. A compromised private key led to two instances of USDC ...
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