Hold onto your hats, crypto enthusiasts! The popular crypto exchange Bybit has been navigating some turbulent waters recently. If you’ve been trying to withdraw your ETH, you might have noticed things are moving a bit slower than usual. Let’s dive into what’s happening and what Bybit is doing to keep things running smoothly. Understanding the […]
The cryptocurrency world is once again on high alert as reports emerge of a significant user fund outflow from the Bybit exchange. According to DeFiLlama developer 0xngmi, a staggering $700 million has been withdrawn from Bybit following news of a potential cold wallet hack. This revelation, initially shared on X, has sent ripples of concern […]
In a proactive move to safeguard user assets, Safe, a prominent self-custody wallet provider, has announced a collaborative security probe with cryptocurrency exchange giant, Bybit. This news, surfacing directly from Safe’s official X (formerly Twitter) account, has sent ripples through the crypto community, highlighting the ever-present need for robust crypto security measures. While the investigation […]
In a surprising turn of events in the ever-volatile crypto world, Changpeng Zhao (CZ), the influential founder and former CEO of Binance, has publicly advised Bybit’s CEO to take a significant security precaution. This advice, delivered via a post on X (formerly Twitter), centers around a suggested temporary suspension of withdrawals on the Bybit crypto […]
In the fast-paced world of cryptocurrency, trust is paramount. Recent news of a hack targeting Bybit, a leading crypto exchange, sent ripples of concern through the community. Users naturally questioned the platform’s stability and the safety of their assets. However, Bybit CEO Ben Zhou swiftly stepped forward to address these concerns head-on, issuing a powerful […]
Hold onto your crypto wallets! News just broke about a significant security breach at cryptocurrency exchange Bybit. While Bybit has confirmed a cold wallet incident, blockchain sleuths at Arkham Intelligence are providing real-time insights into the unfolding situation. They’ve pinpointed that a staggering 10,000 ETH, pilfered from Bybit, is being actively transferred by the hacker. […]
In the ever-evolving world of cryptocurrency exchanges, transparency and asset security are paramount. Recent data from DeFiLlama has unveiled a fascinating glimpse into the holdings of one of the leading platforms, Bybit. The numbers are impressive, painting a picture of a crypto giant with significant reserves. But what exactly does this mean for Bybit users […]
In a whirlwind of cryptocurrency news, leading exchange Bybit has addressed concerns regarding the security of its cold wallets. Following the CEO’s acknowledgment of a security incident affecting one of their cold wallets, Bybit swiftly reassured its user base via X (formerly Twitter). The core message? All other cold wallets remain fully secure, and crucially, […]
Hold onto your hats, crypto enthusiasts! The ever-watchful eye of Whale Alert has spotted a colossal movement in the digital ocean. A staggering 560,000,000 USDT, valued at approximately $561 million, has just been transferred from an unknown wallet directly to the popular cryptocurrency exchange, Bybit. This massive USDT transfer has the crypto community buzzing – […]
In a startling development for the cryptocurrency world, Bybit, a leading crypto exchange, has confirmed a security breach affecting its ETH cold wallet. CEO Ben Zhou took to X to break the news, revealing that a sophisticated attack targeted their multisig cold wallet. But before panic sets in, here’s what you need to know about […]
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