Bybit


Markets

North Korean Hackers Were Behind Crypto's Largest 'Theft of All Time'

Lazarus Group was behind Bybit's $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.

A hooded figure sits typing on a laptop in a darkened (Pixabay)

Finance

CZ Suggests Bybit Halt Withdrawals, Offers Help With $1.5B Hack

Bybit CEO has said that the exchange is solvent and withdrawals remain open.

Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

Markets

Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack

The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.

Bitcoin continued its downtrend of recent days. (Getty Images)

Finance

Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms

A portion of staked ether is currently being liquidated on decentralized exchanges.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors

The move is meant to help lure instituional investors and improve market transparency.

Price chart on an exchange (Nick Chong/Unsplash)

Policy

Crypto Exchange Bybit Is No Longer Operating Illegally in France

After more than two years of working with the French regulator, Bybit has come off France AMF's blacklist, the CEO of the exchange said.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Finance

Bitget Mulls U.S. Entry While Awaiting Trump’s Pro-Crypto Administration

In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India.

Bitget CEO Gracy Chen (Bitget)

Policy

FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer

The FTX bankruptcy nears its finish line, with recoveries higher than what was in accounts when it collapsed – though those assets missed out on the market recovery since 2022.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)