Bybit Takes Loans From Rivals After Record Crypto Hack
Rival crypto exchanges are stepping in to shore up the finances of the world’s third biggest exchange, Bybit, after hackers stole $1.4 billion from the firm last week. In doing so, the crypto industry is hoping to calm investor worries that the hack could lead to another FTX-like implosion.
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Crypto Market Recap: Bybit Suffers US$1.5 Billion Hack, SEC Clears OpenSea, RobinhoodHere's a quick recap of the crypto landscape for Friday (February 24) as of 9:00 a.m. UTC. Bitcoin and Ethereum price update ...
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...
Crypto exchange ByBit was hacked for over $1.4 billion, Ross Ulbricht calls for ‘Bitcoin Jesus’ Roger Ver to be pardoned, and ...
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Analysts blame deregulation for $1.5 billion Bybit hackCrypto traders woke up to big wins and bigger losses on Friday. Just as Coinbase celebrated the SEC dropping its lawsuit, ...
A bad reputation could affect Ethereum’s investor sentiments, resulting in a negative impact on its price charts. As expected ...
Robinhood Crypto announced that the U.S. Securities and Exchange Commission concluded its investigation without taking any ...
Coinbase, America’s largest cryptocurrency ... Zhou added: “Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss.” ...
The cryptocurrency community is divided over the root cause of the Bybit hack, with Bitcoin advocates attributing it to the ...
Crypto falls after macro-sell off and huge hack. North Korea’s Lazarus behind $1.4bn Bybit hack. Hack caused by musking attack of Safe website. Bybit’s ETH reserve’s restored after loans & buyback.
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