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.

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

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

Dubai-based crypto exchange Bybit has reported the world's largest crypto hack worth ₹13,000 crore. The company has assured ...

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

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 world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth ...

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 ...