Ethereum whales keep hoarding despite Bybit hack – Buying pressure to ETH’s rescue?
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across multiple wallets. As expected, this incident has triggered speculation about potential sell-offs and buybacks, making Ethereum’s near-term trajectory uncertain.
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...
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mETH Protocol and Tether lead campaign to freeze Bybit hacker’s bountyThe cryptocurrency space was ripe for a black swan event, and one promptly presented itself with the $1.4 billion Bybit hack.
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.
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A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital ...
It’s the same type of attack that was used in the Radiant Capital breach and the WazirX incident,” expert says.
Cryptocurrency prices dropped on Friday, reversing early gains on reports that crypto exchange Bybit was seeing $1.4 billion ...
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
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