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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Bybit Suffers $1.5 Billion Ethereum Theft In Unprecedented Crypto Heist
Dubai In a significant security breach, Dubai-based cryptocurrency exchange Bybit has reported the theft of approxima ...
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Bybit CEO Vows to Recover Stolen Funds, Discusses Possibility of Ethereum Blockchain Rollout
Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...
Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...
Bybit's $100 Million Ethereum Purchase Sparks Market Surge
Cryptocurrency exchange Bybit has made a significant move in the digital asset market by acquiring approximately 36,893 Ether ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
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Bybit Upholds Strong Reserves Amidst $1.4 Billion Hack and $5.3 Billion Decline in Total Assets: Hacken
Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.