Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder
In simpler terms, the hacked ether supply is likely lost permanently. Furthermore, Bybit, which has reportedly secured a bridged loan from unnamed partners to cover nearly 80% of the ether lost in the Friday hack, will likely need to purchase coins in the market.
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
See how Bybit’s $1.4 billion hack unfolded, from onchain movements to social media’s breakdown of the biggest crypto exploit ...
Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.46 billion worth ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
This article has been updated to include a statement from Bybit CEO Ben Zhou. Cryptocurrency exchange Bybit has maintained ...
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware ...
Bybit, a leading cryptocurrency exchange, suffered a record $1.5 billion hack, with experts suspecting North Korean hackers.
Cryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history. The Dubai-based company's founder told users that their ...
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