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.
Addresses associated with the Bybit hacker have been spotted using decentralized exchanges (DEXs) to trade cryptocurrencies ...
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
The idea of rolling back Ethereum (ETH-USD) to reverse the $1.4 billion Bybit hack sparked instant backlash from the crypto community. The ...
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
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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