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Bybit, Lazarus and Ethereum

Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack

Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree,

TheStreet.com · 20m

$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy

After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially advocated for a rollback of the blockchain network.

Business Insider · 4h

Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto

Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in history, including a

Bybit Replenishes $1.4 Billion

Hosted on MSN · 54m

Factbox-Crypto's biggest hacks and heists after $1.5 billion theft from Bybit

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time. Bybit CEO Ben Zhou said the crypto was taken from a "cold wallet" - a digital wallet usually stored offline and so supposedly more secure - that was used for ether tokens.

NBC New York · 50m

Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack

Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.

Business Insider · 7h

Bybit Replenishes $1.4 Billion after Largest Crypto Hack

Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange

18m

Crypto Trends: ByBit Lost About $1.5 Billion In Security Breach

ByBit, the second-largest exchange by trading volume, lost nearly $1.5 billion in a massive security breach. The hacker took ...

Fully Backed Within 72 Hours: Bybit Maintains 1:1 Customer Assets Ratio In Latest Proof Of Reserves Audited Report By Hacken

A full audit of all relevant wallets containing 40 asset types, by way of proof of liabilities and ownership, verified that Bybit possesses sufficient reserves to cover user assets 1:1 across the ...

VN Express2h

Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves

As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.

Hosted on MSN9h

Bybit seals ETH shortfall, CEO confirms new proof-of-reserves incoming

Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.

10h

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...

CoinDesk2d

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...

Hosted on MSN5h

Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers

Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...

23hon MSN

Bybit releases blacklisted wallets API to aid recovery program

The Bybit exchange released a blacklisted wallet application programming interface (API) on Feb. 23, following the recent ...

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