Bybit restores Ethereum reserves following $1.4B breach, launches $140M bounty program

Bybit CEO Ben Zhou confirmed that the exchange restored Ethereum (ETH) reserves following the recent $1.4 billion security breach. In a Feb. 24 post on X, Zhou announced that Bybit will soon releas...

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Bybit restores Ethereum reserves following $1.4B breach, launches $140M bounty program

Source: CryptoSlate

Bybit CEO Ben Zhou confirmed that the exchange restored Ethereum (ETH) reserves following the recent $1.4 billion security breach. In a Feb. 24 post on X, Zhou announced that Bybit will soon release an updated proof-of-reserves report demonstrating that it now holds client assets 1:1. He stated: “Bybit has already fully closed the ETH gap, […]

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