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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
Cryptopolitan on MSN16h
Bybit launches $140 million recovery bounty program for stolen $1.5 billionBybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...
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