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.



Source link

  • Related Posts

    What’s new at Bitcoin.com

    What’s New at Bitcoin.com? Checkout for Merchants, a Smarter News App, and OrangeRock Goes Multi-Platform It’s been a busy year at Bitcoin.com. Beyond the wallet you already know, we’ve shipped…

    Michigan Authorities Continue Pursuit to Block Kalshi as Supreme Court Fight Looms

    Update (Sept. 3, 9:20 pm UTC): This article has been updated to include a statement from Kalshi. Michigan’s attorney general announced that a state court had ordered a preliminary injunction…

    Leave a Reply

    Your email address will not be published. Required fields are marked *