Bybit Ether Reserves Recover to 50% Post-Hack With $295M ETH Buy
Bybit Ether Reserves Recover to 50% Post-Hack With $295M ETH Buy
After a disastrous $1.4 billion attack, one of the worst cryptocurrency breaches in history, Bybit has returned almost half of its Ether (ETH) assets. In addition to actively restocking its reserves through direct purchases, the exchange has received $390 million in emergency transfers from colleagues in the business.
The Quick Recovery of Bybit Following the Record-Breaking Hack
A $1.4 billion exploit that mostly affected liquid-staked ether...
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