Cryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the global Web3 industry.
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
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Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Bybit's Ether reserves are back to nearly 50% of pre-hack levels within two days since losing $1.4 billion to the largest cyberattack ...
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The recent shake in the crypto market following the bybit hack has thrown many of the top altcoins in the red, with many of ...
The global cryptocurrency market experienced a significant downturn in the week ending February 22, 2025, shedding ...
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