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.
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
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Crypto Payment Firms and OTC Desks Brace for Fallout as Stolen Bybit Funds Move Through the MarketCrypto payment firms and OTC desks are ready to freeze stolen Bybit funds. Various entities froze a total of $42.5 million.
In what is dubbed the largest crypto heist in history, Dubai-based cryptocurrency exchange Bybit got hacked. Per the company, ...
The cryptocurrency market is buzzing with anticipation as three major developments take center stage. Ethereum (ETH) is on ...
Solaxy (SOLX), Lightchain AI (LCAI), and PepeGPT (PEPEAI). Let's explore what makes each of these projects compelling and why ...
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
Bitcoin drops under $95K as the Bybit hack triggers a broader crypto sell-off, leaving altcoins in the red and market sentiment on edge.
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