In a welcome relief for Bybit users and the wider crypto community, CEO Ben Zhou has declared the complete restoration of the exchange’s withdrawal system. This announcement, delivered via X, marks the end of a tense 12-hour period following a significant security incident. But what exactly happened, and what steps are Bybit taking to ensure […]
In a surprising turn of events that caught the attention of the crypto community, leading cryptocurrency exchange Bybit has announced a significant USDT transfer. CEO Ben Zhou took to X (formerly Twitter) to reveal that Bybit is moving a staggering $2.95 billion worth of USDT from its cold storage to a warm wallet. The sheer […]
The cryptocurrency world is buzzing with speculation after a significant crypto hack hit Bybit, resulting in a staggering $1.46 billion loss in ETH. Following this incident, eagle-eyed crypto observers noticed a substantial influx of ETH deposits into Bybit’s cold wallet, sparking rumors about who was providing liquidity support. The finger was quickly pointed at Binance, […]
In the fast-paced world of cryptocurrency, security breaches are a constant threat. Recent news surrounding Bybit, a prominent crypto exchange, sent ripples through the market. However, amidst concerns, Bybit CEO Ben Zhou has stepped forward to deliver a message of resilience and operational continuity. Let’s dive into the details of the recent incident and Bybit’s […]
Hold onto your hats, crypto enthusiasts! The digital world is buzzing after a staggering $1.4 billion Ethereum (ETH) heist at Bybit. This isn’t just another hack; it’s a colossal event that’s sending shockwaves through the crypto community and igniting a fiery debate about the very foundations of blockchain technology. Could this be the event that […]
The cryptocurrency world is once again on high alert as news breaks of a significant security incident at Bybit, a leading crypto exchange. Blockchain analytics firm LookOnChain’s recent report on X has sent ripples through the digital asset community, revealing a staggering Bybit hack that allegedly wiped out a substantial portion of the exchange’s reserves. […]
Hold onto your crypto wallets, folks! The cryptocurrency world is buzzing with news of a potential massive security breach, and the whispers are pointing fingers at a notorious culprit. Could North Korea’s infamous Lazarus Group be behind a staggering $1.4 billion cold wallet hack targeting the popular crypto exchange Bybit? That’s the alarming claim from […]
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 […]
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