Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit thanks industry firms and leaders for coming together and supporting the exchange during the single biggest hack in ...
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the ...
Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.
FBI confirms North Korea’s Lazarus Group stole $1.5B from Bybit, surpassing 2024’s total crypto heists. Investigations reveal ...
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the ...
The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...