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Hosted on MSNEthereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to MixersEthereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
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 ...
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Hosted on MSNBen Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...
Users withdrew $5.5 billion from Bybit in a single day after the crypto exchange, which declined to list Pi Network, was hit by a $1.5 billion cyberattack, potentially the largest crypto theft in ...
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
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