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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
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.
Record $1.5 billion crypto heist hits exchange, Ethereum reserves drained
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...
Bybit CEO discusses possibility of Ethereum blockchain rollback
Bybit CEO Ben Zhou discusses the possibility of rolling back the Ethereum blockchain network to a state before the February ...
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North Korea’s Lazarus Group suspected in $1.46B Bybit crypto theft
Bybit, one of the world’s largest cryptocurrency exchanges, has fallen victim to a $1.46 billion hack—the largest in cryptocurrency history. North Korea’s state-backed Lazarus Group is suspected to be ...
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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 ...