Over $1.4 billion in Ether was reportedly stolen during the hack Bybit has restored its operations after a major security breach that resulted in the theft of $1.4 billion worth of Ether. CEO Ben Zhou confirmed that the exchange has fully replaced the lost assets and will soon release a new proof-of-reserve report to assure
Tag: bybit
FTX Makes Deal To Settle Bybit Lawsuit
The bankrupt crypto exchange will be able to recover some of the funds it needs to pay creditors The FTX bankruptcy estate has reached a $228 million settlement with the Bybit cryptocurrency exchange, marking a step forward in efforts to recover assets for creditors affected by the exchange’s collapse. This agreement, filed on October 24,
Coinbase subpoenaed in CFTC investigation of Bybit
Bybit is under investigation for allegedly offering its exchange services in the US without a license Coinbase is informing customers that it has been subpoenaed by the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who posted a copy of the notice. The CFTC is pursuing information regarding the Bybit