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.
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...
Cryptopolitan on MSN1d
Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
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