Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...

Cryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the ...

Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...

Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...

What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.

In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...

Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...

As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...

Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...