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.
Cryptopolitan on MSN2d
Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
The Daily Hodl13h
Bybit CEO Says Crypto Exchange Is Solvent, All User Assets Backed 1:1 Following ‘Largest Heist of All Time’
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
CoinDesk2d
Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
VN Express4h
Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves
As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.
Ripple5h
Bybit Launches $140M Bounty Recovery Program
Bybit launches a $140M bounty program, rewarding ethical hackers for recovering stolen crypto. The initiative strengthens ...
Australian Associated Press1h
Bybit Defies Odds: How the Largest Crypto Hack in History Became a Test of Resilience and Transparency
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 ...