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.

Lookonchain, another analytics firm, said Bybit secured around 446,870 ETH (~$1.23B) since the hack through loans, whale deposits, and purchases.

The findings highlight Bybit’s unprecedented recovery rate and how the exchange’s zero-time response helped contain a potential crisis ...

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 ...

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 ...

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 ...

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’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?

Cryptocurrency exchange Bybit’s billion-dollar cybersecurity exploit was a setback for institutional adoption of crypto staking, Bohdan Opryshko, staking services provider Everstake’s chief ...

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 “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than ...