Bybit buys $1.25B in ETH tokens following biggest-ever crypto hack
Leading cryptocurrency exchange Bybit has acquired Ethereum (ETH) tokens worth some $1.25 billion. The move comes as part of the company's recovery efforts after a devastating hack that saw it lose $1.4 billion, the largest crypto theft in history.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
The crypto industry rallied around Bybit, demonstrating a united front against security threats. Major exchanges blacklisted the hacker's wallets, preventing further movement of stolen funds. This ...
Solana price plunged 4% on Sunday February 22, trading as low as $167 as multiple bearish catalysts from the Bybit hack and ...
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
North Korean actors have begun laundering at least 10% of the record $1.46 billion theft through anonymous exchange services, ...
Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus ...
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