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Bybit CEO Confirms Closing ETH Gap, Exchange Back to 100% Reserves After Record $1.5B Hack
Bybit replenished its $1.5 billion deficit within three days following the most significant crypto hack in history. The gap ...
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Bybit Restores Ethereum Reserves After Historic $1.5 Billion Hack
CEO Ben Zhou announced that the exchange has “fully closed the ETH gap,” ensuring all client assets are backed 1:1. The unprecedented hack occurred during a routine transfer from Bybit’s cold wallet ...