Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...

Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...

Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...

What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.

In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...

Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...

In response, Bybit CEO Ben Zhou announced efforts to recover the stolen assets, including launching a bounty program, collaborating with law enforcement, and engaging with the Ethereum Foundation to ...

Bybit faces a $1.4B loss in digital assets due to a sophisticated phishing attack, with attackers exploiting a cold wallet ...

Ben Zhou, the CEO of Bybit, and the controversial blockchain project Pi Network have reignited their feud. On X, Zhou posted that Bybit will not be supporting Pi Network, citing fraud as his reason.