The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases.

Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI

The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of ethereum and staked ether.

Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,

Bybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap was filled using a combination of

Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest hack in history. The exchange, which is the second-largest by trading volume,