Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 million were purchased through over-the-counter trading, with another $300 million brought directly from exchanges.
Still, valued at $1.5 billion, the Bybit heist would make up more than half of the total amount of crypto stolen in 2024, ...
Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...
Crypto traders have plenty to watch this week as Ethereum’s (ETH) latest price action hints at a possible breakout, Binance Coin’s (BNB) price prediction signals potential new highs, and the BlockDAG ...
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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.
Ben Zhou, the CEO of the recently hacked crypto exchange Bybit, suggested a possible Ethereum (ETH) rollback as a way to ...
Solaxy (SOLX), Lightchain AI (LCAI), and PepeGPT (PEPEAI). Let's explore what makes each of these projects compelling and why ...
In a Friday meeting with the SEC’s crypto task force, industry leaders asked the regulator to fast-track all sorts of assets ...
Bitcoin showed increased volatility today, reacting to the aftermath of the Bybit hack and a huge sell-off led by Ethereum ...
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