In response to the theft, Bybit has set an extraordinary bounty of up to $140 million to incentivize whistleblowers, security experts, and law enforcement agencies worldwide to track down the hackers.

Bybit CEO Ben Zhou said in a Feb. 22 X post that the exchange’s withdrawal system is “now fully back to normal pace” ...

Bybit has launched a dashboard for its bounty program, with CEO Ben Zhou declaring "war" on North Korean hackers linked to ...

Pi Network told Cointelegraph that the 60 million users it advertises are application users, while the 10 million shown in ...

Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims. The exchange has enough reserves to compensate all users in kind, and is ...

Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, ...

On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.

Bybit moves to recover stolen Ethereum (ETH), while AI-powered meme token FloppyPepe (FPPE) gains momentum, attracting ...

Bybit CEO Ben Zhou intensifies criticism of Pi Network, sharing Chinese authorities' warnings and refusing to list the token.

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the ...