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Bybit, hack and cryptocurrency

Crypto on The Street on MSN · 17h

$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.

eGamers.io on MSN · 1h

Bybit Closes $1.5 Billion Gap After Major Crypto Hack

Bybit CEO Ben Zhou announced that the exchange has fully recovered its Ethereum (ETH) reserves following a massive $1.5 billion exploit on February 21. He confirmed that a new audited Proof of Reserves (POR) report will soon be released to prove that client assets are once again backed 1:1.

Markets Insider on MSN · 2d

What we know about the $1.5 billion Bybit crypto hack

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

cryptopolitan on MSN3h

Bybit exchange repays 40,000 ETH post-hack loan from Bitget

On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.

1d

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 ...

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

The Bybit hack came into light on Friday when on-chain sleuth ZachXBT noted suspicious outflows of over $1.4 billion from the ...

The Daily Hodl3h

Elliptic Says Lazarus Group Using eXch To Launder Stolen Funds Despite Requests From Bybit To Block Transactions

The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, ...

3hon MSN

Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?

Ether (ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...

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