Bybit said on Friday an attacker gained control of an Ether wallet and transferred around $1.5 billion worth of holdings.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
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 ...
Bybit launches a $140M bounty program, rewarding ethical hackers for recovering stolen crypto. The initiative strengthens ...
Bybit CEO Ben Zhou intensifies criticism of Pi Network, sharing Chinese authorities' warnings and refusing to list the token.
Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Bybit CEO Ben Zhou said in a Feb. 22 X post that the exchange’s withdrawal system is “now fully back to normal pace” ...
And, despite the massive loss, the co-founder and CEO of the exchange – Ben Zhou has taken to social media to assure the ...