In a welcome turn of events for crypto users, Bybit CEO Ben Zhou has delivered reassuring news regarding the exchange’s Ether (ETH) holdings. Following a recent security incident, Zhou announced via X (formerly Twitter) that Bybit has successfully replenished its ETH reserves, bringing them back to a 1:1 ratio. This announcement is coupled with the […]
In a stunning display of rapid response and collaboration within the crypto sphere, leading cryptocurrency exchange Bybit has announced the successful freezing of $42.89 million in stolen assets. This remarkable feat, achieved in under 24 hours, comes on the heels of a recent $1.5 billion hack impacting the platform. But how did Bybit manage to […]
In the volatile world of cryptocurrency, security breaches can send shockwaves through the market. Recently, Bybit, a prominent crypto exchange, experienced a significant security incident, losing a staggering $1.46 billion in Ethereum (ETH) from a cold wallet hack. This news understandably sparked concerns across the crypto community, particularly for projects associated with Bybit. One such […]
Hold onto your hats, crypto enthusiasts! The digital asset world is reeling from a colossal security breach. Bybit, a major cryptocurrency exchange, has reportedly suffered a staggering $1.46 billion Ethereum hack. Yes, you read that right – billion with a ‘B’. And now, the plot thickens as blockchain sleuths trace the stolen funds, pointing fingers […]
In a swift and decisive move highlighting the collaborative spirit within the cryptocurrency community, OKX exchange has taken a proactive step to bolster digital asset protection. Responding to a recent security incident affecting Bybit, a fellow cryptocurrency exchange, OKX has added the suspected hacker’s address to its internal blacklist. This urgent action, confirmed by OKX […]
In a jaw-dropping development that has sent ripples through the cryptocurrency world, details surrounding the recent $1.46 billion Ethereum (ETH) hack at Bybit are beginning to surface. SlowMist, a leading blockchain security firm, has stepped into the spotlight, with its Chief Information Security Officer (CISO) offering a potentially game-changing insight into the mechanics of this […]
In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, security is paramount. When news of a potential hack targeting a major crypto exchange breaks, the community holds its breath. Recently, Bybit, a prominent player in the crypto exchange arena, faced such a challenge. But what […]
In the fast-paced and often turbulent world of cryptocurrency, trust and stability are paramount. Recent events have put crypto exchanges under the microscope, with users keenly observing their resilience in the face of market pressures. Amidst swirling rumors and market volatility, Bybit, a prominent crypto exchange, has emerged as a beacon of stability. Despite encountering […]
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 […]
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