Bybit closes its ETH gap after a $1.4B hack, with a new Proof of Reserves report confirming full asset coverage.
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
ByBit has recovered $1.5 billion in Ethereum (ETH) following a significant security breach. Hackers conducted unauthorized ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...
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Bybit CEO Confirms Closing ETH Gap, Exchange Back to 100% Reserves After Record $1.5B HackBybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap ...
Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat ...
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
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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