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.
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
In response to a large-scale security breach and subsequent theft of more than $1.4 billion in Ethereum (ETH), Bybit is offering a 10% bounty for recovery of the stolen funds. This unique step is to ...
The Bybit hack sent shockwaves through the crypto world, with hackers siphoning off close to $1.5B ETH from the exchange’s ...
Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on ...
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