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.
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
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 ...
Bybit CEO said the exchange has restored its Ethereum holdings after a $1.5B hack and will release a proof-of-reserves audit ...
"All client funds are safe, and our operations continue as usual without any disruption," the company said, adding its ...
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 ...
Bybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap ...
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...