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.

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 ...

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 ...

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.

from cryptocurrency exchange Bybit has laundered roughly 30% of the hacked funds. What happened: The hacker has washed about 145,065 ETH, worth $360.92 million, in five days since the hack ...

The hackers behind the Bybit exchange breach have resumed laundering stolen funds, moving another 62,200 Ether (ETH), worth $138 million, on March 1. This brings the total amount of laundered ...

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 ...

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 ...

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 ...