Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.

Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange. Cryptocurrency ...

Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...

Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...

Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...

Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware ...

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital ...

The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 ...

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...