The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which ...
Ben Zhou, the CEO of Bybit, and the controversial blockchain project Pi Network have reignited their feud. On X, Zhou posted that Bybit will not be supporting Pi Network, citing fraud as his reason.
Bybit CEO Ben Zhou said in a Feb. 22 X post that the exchange’s withdrawal system is “now fully back to normal pace” ...
Bybit, a major cryptocurrency exchange based in Dubai recently announced it had been hacked, losing $1.5 billion worth of the ...
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...