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Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money?

Coinpedia LogoCoinpedia12h ago

Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money? - Coinpedia

Quick Summary:

The attack primarily targeted Bybit’s Ethereum multi-signature cold wallet, which was used for daily trading operations.

To maintain complete transparency, Zhou confirmed that Bybit would soon release a Proof of Reserves (PoR) audit.

The crypto community has praised Bybit’s quick response, preventing a liquidity crisis and keeping the platform operational.

More Pictures

Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money? - Coinpedia (Picture 1)Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money? - Coinpedia (Picture 2)Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money? - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 07:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 26366769

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 11 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "Bybit Recovers $1.46B in Ethereum After Historic Hack – But Does It Still Owe Money?" was covered 12 hours ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 11 news stories per day.

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  • News ID: #26366769
  • URL: https://beamstart.com/news/bybit-recovers-146b-in-ethereum-17403815029035

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