Cointelegraph

Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

Feb 22, 2025 - 11:00
Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

Read More

Tags:

Previous Article

Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?

Next Article

Lazarus Group consolidates Bybit funds into Phemex hacker wallet

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

Related Posts

Taurus launches Solana-based custody and tokenization platform for banks

Taurus launches Solana-based custody and tokenization p...

Feb 13, 2025

Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?

Bitcoin miner wallets awaken after over 15 years — Is t...

Sep 20, 2024

Influencers shilling memecoin scams face severe legal consequences

Influencers shilling memecoin scams face severe legal c...

Dec 11, 2024