Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across ...
A debate is raging in Ethereum circles over a proposal to roll back the network amid Bybit’s $1.4 billion loss to North ...
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
On February 21, the cryptocurrency market witnessed a dramatic turn of events. Bybit, a major exchange, suffered a $1.4 ...
Dubai-based crypto exchange Bybit has suffered one of the largest hacks in digital currency history, losing approximately ...
Ethereum developers dismiss the idea of rolling back the Bybit hack, citing network complexity, decentralized security, and irreversible transactions.
Ethereum core developer Tim Beiko has cautioned against any potential move to roll back the Ethereum network despite growing ...
If this occurs, Ethereum could first test a price level near its long-term line (the blue line in the chart) around $2,876. Breaking this resistance could open the door for a move to $3,020. If the ...
BitMex's co-founder calls on the Ethereum co-founder to engage in a rollback to recover the nearly $1.4 billion stolen from Bybit.
Bybit Reveals 50% Increase in Ether Reserves After $295 Million ETH Purchase Bybit , a popular cryptocurrency exchange, has ...
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...