Bybit exchange refunds Bitget’s 40,000 Ethereum loan days after hack Bybit exchange reported it had suffered from a hack that saw it lose $1.5 billion worth of cryptocurrency on February 21.

Cryptocurrency exchange Bybit has maintained reserves exceeding its liabilities despite suffering a $1.4 billion hack and an overall $5.3 billion decline in total assets, according to DefiLlama data.

Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?

The Bybit exploiter has already laundered over $605 million worth of Ether (ETH), or more than 54% of the total stolen funds, according to Lookonchain. The crypto intelligence platform wrote in a ...

A huge $1.4 billion ETH hack on ByBit raised security concerns, while Sam Bankman-Fried’s surprise return to social media sparked speculation. But it’s not all bad news.

Bybit, one of the largest cryptocurrency exchanges, suffered a major security breach on Friday, leading to the unauthorized withdrawal of over $1.5 billion in liquid-staked Ether (ETH) and MegaETH ...

Bybit wallet hack sees crooks nab $1.4bn in ETH Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets. 1 21 February 2025 2 comments ...

North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst ...

The perpetrators behind the massive Bybit hack have laundered 45,900 ETH ($113 million) over the past 24 hours.Per EmberCN report on X, the latest security breach adds to a total of 135,000 ETH ...

Potential Staking Losses The hack resulted in the theft of approximately 400,000 ETH, which is nearly $1 billion in losses at an average price of $2,600 per ETH. Beyond the immediate financial hit ...

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. The exchange has ...

Bybit, a cryptocurrency exchange, said it was hacked Friday, leading to an estimated $1.5 billion worth of tokens being stolen, amounting to what is estimated to be the largest crypto heist. Ben Zhou, ...