Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...

Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...

Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...

What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.

In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...

In response, Bybit CEO Ben Zhou announced efforts to recover the stolen assets, including launching a bounty program, collaborating with law enforcement, and engaging with the Ethereum Foundation to ...

Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...

Bybit faces a $1.4B loss in digital assets due to a sophisticated phishing attack, with attackers exploiting a cold wallet ...

Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...