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 “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges.
$1.46 billion would equate to the largest cryptocurrency hack of all time in dollar terms, with $470 million being lost in ...
Addresses associated with the Bybit hacker have been spotted using decentralized exchanges (DEXs) to trade cryptocurrencies ...
Overview of the Bybit Hack On February 21, 2025, cryptocurrency exchange Bybit suffered a major security hack, leading to the theft of about $1.4 billion worth of Ethereum (ETH) and associated assets.
Bybit faces a $1.4B loss in digital assets due to a sophisticated phishing attack, with attackers exploiting a cold wallet ...
Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in ...
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
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