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Bybit, Ether and Lazarus

Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack

Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree,

Business Insider · 6h

Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto

Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in history, including a

HHS · 1h

Bybit Restores $1.4 Billion in Stolen Ether

Hacked crypto exchange Bybit replenished the $1.4 billion in Ether stolen days ago, CEO Ben Zhou said Monday. A new proof-of-reserves audit will confirm that client

Bybit, Crypto and hack

Hosted on MSN · 3h

Factbox-Crypto's biggest hacks and heists after $1.5 billion theft from Bybit

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time. Bybit CEO Ben Zhou said the crypto was taken from a "cold wallet" - a digital wallet usually stored offline and so supposedly more secure - that was used for ether tokens.

NBC New York · 2h

Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack

Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.

Business Insider · 9h

Bybit Replenishes $1.4 Billion after Largest Crypto Hack

Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange

decrypt10h

Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO

The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...

VN Express4h

Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves

As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.

Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?

Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...

Hosted on MSN4h

Crypto Market Recap: Bybit Suffers Historic US$1.5B Hack, SEC Clears OpenSea, Robinhood

Here's a quick recap of the crypto landscape for Friday (February 24) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update ...

Internet of People9h

Infini suffers $50M hack, days after Bybit’s $1.5Bn exploit

Infini, a stablecoin neobank, reportedly suffered an exploit that resulted in a loss of $49.5 million. According to ...

12h

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...

Hosted on MSN7h

Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers

Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...

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Bybit, Ether and Lazarus

Bybit, Crypto and hack

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