Crypto Exchange Bybit Fully Closes Ethereum Gap, According to Updated Proof of Reserves Report
February 25 2025 - 12:55PM
The Daily Hodl
Bybit’s chief executive says the firm has now fully closed the
Ethereum gap after hackers stole nearly $1.5 billion worth of ETH
and Lido Staked Ether (stETH) from the crypto exchange last week.
Bybit CEO Ben Zhou says the exchange has restored a 1:1 backing on
all client assets after the record-setting hack. Zhou’s claims
[…]
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Crypto Exchange Bybit Fully Closes Ethereum Gap, According to
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