Cryptopolitan on MSN1d
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 crypto industry rallied around Bybit, demonstrating a united front against security threats. Major exchanges blacklisted the hacker's wallets, preventing further movement of stolen funds. This ...
Dubai In a significant security breach, Dubai-based cryptocurrency exchange Bybit has reported the theft of approxima ...
Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...
Bybit confirmed that the attack was highly sophisticated, involving manipulation of the signing interface used for transferring funds between wallets. The exchange stated that while their system ...
Cryptopolitan on MSN2h
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.
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
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North Korea-linked heist hits Bybit: £1.24bn stolen in attackThe cryptocurrency exchange Bybit has fallen victim to an attack resulting in the theft of digital assets valued at ...
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