Bybit


Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

Bybit logo

Markets

Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds

"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Markets

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X, while Ethereum community strongly criticized it.

Arthur Hayes, CIO, Maelstrom, pictured at CfC St. Moritz 2025 (CfC St. Moritz)

Finance

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

The token is down by more than 60% since launch.

Bybit CEO labels Pi Network a scam (exploringzhongguo/Unsplash)

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.

(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)

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