Bybit Replenishes $1.4 Billion

Bybit Replenishes $1.4 Billion after Largest Crypto Hack
Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Bybit saw $5.5 billion in outflows following crypto’s biggest hack
Cryptocurrency exchange Bybit has experienced total outflows exceeding $5.5 billion after suffering a $1.4 billion security breach, reportedly carried out by hackers linked to North Korea’s Lazarus Group. The attackers targeted the exchange’s ether cold wallet, prompting Bybit to secure emergency funding to maintain withdrawal operations.
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 “ether gap” it faced after an unprecedented $1.4 billion hack hit the exchange late Friday.
$1.5 Billion Stolen in Unprecedented Bybit Crypto Exchange Hack
In a staggering blow to the cryptocurrency industry, Dubai-based exchange Bybit has fallen victim to a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This incident,
Shock as crypto exchange Bybit is hit by record-breaking $1.5 billion hack
Bybit crypto exchange has suffered a major hack, losing $1.5 billion in digital assets. This is believed to be the biggest crypto theft in history.
Crypto Daybook Americas: Bybit Hack Fails to Ruffle Feathers, Traders Eye SOL ETF
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
The Daily Hodl21m
Bybit Ethereum (ETH) Reserves Steadily Recovering Following Massive Hack, According to CryptoQuant
Market intelligence platform CryptoQuant says that the Ethereum (ETH) reserves of Bybit are recuperating after the crypto ...
CSOonline2h
Bybit’s $1.5B hack linked to North Korea’s Lazarus group
Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat ...
Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...
blockonomi2h
Bybit’s $1.46B Hack: Recovery Efforts Begin as North Korean Laundering Operation Unfolds
North Korean hackers have begun laundering $140 million of the $1.46 billion stolen from Bybit through anonymous exchanges ...
Bybit hack was similar to WazirX incident, sources say
It’s the same type of attack that was used in the Radiant Capital breach and the WazirX incident,” one expert says.
decrypt3h
Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Impacts1h
Following Bybit’s $1.5B Hack: Why Luffa Should Be Your Secure Communication Choice
Recently, the theft of $1.5 billion from Bybit exchange has reignited security concerns among Web3 industry investors.  ...
CCN on MSN26m
Crypto Payment Firms and OTC Desks Brace for Fallout as Stolen Bybit Funds Move Through the Market
Crypto payment firms and OTC desks are ready to freeze stolen Bybit funds. Various entities froze a total of $42.5 million.