Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable

Bybit CEO has said that 20% of the $1.4 billion stolen from the exchange is untraceable Hackers converted $1 billion in ETH to BTC via THORChain and spread it So far, 11 bounty hunters have assisted in freezing $42 million of the stolen funds In a stunning update, Bybit CEO Ben Zhou has revealed that […]

The post Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable appeared first on CoinJournal.

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Hyperliquids Liquidation Chaos: Bybit CEO Has a Warning For DEXes

Hyperliquid’s recent liquidation chaos has sparked manipulation concerns among investors. However, Bybit CEO Ben Zhou isn’t surprised by the wipeout. In the tweet thread, Zhou shed light on the broader impact of high-leverage trading on both DEX and CEX. An anonymous whale recently manipulated Hyperliquid’s liquidation mechanism to exit his position. By doing this, they […]

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Bybit CEO Ben Zhou Warns Pi Network is More Dangerous Than Meme Coins

Bybit CEO Ben Zhou labels Pi Network more harmful than meme coins due to lack of transparency, delayed milestones, and targeting crypto novices.

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Crypto Exchange Bybit Launches ‘Wallet Control System 3.0’ to Boost Risk Management

The newly launched program is part of Bybit's effort to continue becoming the most secure for its customers.

The post Crypto Exchange Bybit Launches ‘Wallet Control System 3.0’ to Boost Risk Management appeared first on BitPinas.

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Bybit Chief to Traditional Markets: Adapt Crypto

Ben Zhou, the CEO of Bybit Exchange, has called for the traditional markets to embrace the future of money through the use of cryptocurrencies.

The post Bybit Chief to Traditional Markets: Adapt Crypto appeared first on BitPinas.

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DeFi Philippines Founder on Why an Ethereum Rollback Wont Happen After the $1.46 Billion Bybit Hack

After Bybit's record $1.46 billion hack, DeFi Philippines founder Paolo Dioquino explains why an Ethereum blockchain rollback is unlikely, despite proposals by industry leaders.

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Disgusting Behavior: Pi Network Supporters Claim Instant Karma as Bybit Suffers $1.4 Billion Hack

Pi Network supporters have flooded social media, disgustingly claiming that Bybits security breach is retribution for the CEOs negative remarks.

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Bybit Hack Update Timeline: North Koreas Lazarus Group Responsible for Largest Crypto Hack in History

Arkham Intelligence announces that ZachXBT has submitted definitive proof linking the attack to Lazarus Group, a North Korean cybercriminal organization notorious for targeting crypto firms.

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