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Bybit Exploit Loot in Motion: 7M in ETH Scattered Through Covert Transfers Over 4 Days

Bybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days

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The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement. Bybit Hackers Scatter Ether Stash Across Multiple […]

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Bybit Restores 77% of Assets Under Management, Strengthens Security After Hacking Incident

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Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds. Bybit

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Chainflip plans upgrade to block Bybit hackers

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Chainflip announced the 1.7.10 upgrade will be ready for testing and deployment in 24-72 hours. The cross-chain AMM says the move will block Bybit hackers or other attackers from using the platform to launders stolen funds. Cross-chain automated market maker Chainflip has announced an upcoming upgrade. When deployed, the platform will block Bybit hackers from

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