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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue

In light of the $1.5B hack, which drained the exchange’s Ethereum (ETH) cold wallet, Bybit claims it remains solvent. However, the exchange is working through a bank run, with a long queue of ...
Hosted on MSN

Bybit hacked for $1.5B in biggest crypto heist of all time — leading to surge withdrawal requests

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said ...
CoinTelegraph

Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou

Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange. Cryptocurrency exchange Bybit CEO Ben Zhou said the ...
Business Insider

What we know about the $1.5 billion Bybit crypto hack

The Bybit cryptocurrency exchange said it was hacked on Friday. Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion. Analysts say it may be the biggest crypto hack ever. Here's what we ...
PR Newswire

Bybit Enhances Capital Mobility for VIP and Institutional Traders with Expanded Withdrawal Limits

Bybit is committed to promoting crypto freedom and centering its business around its customers. The decision to increase withdrawal limits stems from direct feedback from the platform's most active ...