Showing articles in Bybit

Arthur Hayes Suggests Reverting Ethereum to Address Bybit Hack

Arthur Hayes proposes rolling back the Ethereum network to aid in retrieving nearly $1.4 billion lost in the Bybit hacking incident.

Finance

Bybit CEO Declares Pi Network a Scam Following Police Warnings

Bybit's CEO warns against the Pi Network, claiming it is designed to exploit the elderly, highlighting its significant market decline.

Crypto

Lazarus Group Confirmed as Culprits Behind Massive Crypto Heist

The notorious North Korean hacking group targeted Bybit in a $1.5 billion attack, raising concerns across the crypto community.

Crypto Market

U.S. Stock Declines Impact Cryptocurrency Market

Recent drops in U.S. stock prices add to the challenges faced by the cryptocurrency market following a major hack at Bybit.

Finance

CZ Advises Bybit to Suspend Withdrawals After $1.5B Breach

Changpeng Zhao, the founder of Binance, suggests Bybit should pause withdrawals following a significant security incident.

Crypto

Bitcoin and Ether Price Drop Following $1.4B Bybit Security Breach

The cryptocurrency market saw significant downturns as Bybit reported a major outflow, impacting Bitcoin and Ether prices.

Finance

Bybit's CEO Acknowledges $1.46B Hacking Incident That Affects Cryptocurrency Markets

A recent hack of the Bybit exchange has led to significant cryptocurrency withdrawals, causing market shifts.

Finance

Bybit Enhances Liquidation Transparency to Attract Institutional Investors

Bybit has upgraded its API to provide rapid updates on liquidation data, responding to industry demands for greater transparency among traders and institutions.

Altcoins

Woman Gets Nearly 10 Years for $5.7 Million Bybit Fraud in Singapore

A court in Singapore has sentenced Ho Kai Xin to almost a decade in prison after she defrauded the cryptocurrency exchange Bybit of $5.7 million through payroll manipulation.

Finance

Bybit Exits Illegal Status in France After Two-Year Compliance Efforts

Bybit, a cryptocurrency exchange, is no longer considered illegal in France after working with the financial authorities for over two years.

Policy

Bybit Gains Approval from India After Paying $1 Million Fine

Bybit has completed its registration with India's Financial Intelligence Unit after settling a substantial fine for operating without authorization.

Crypto News

India Takes Action Against Bybit: $1 Million Fine and Website Unblock

Bybit faces substantial penalties and regulatory challenges in India following compliance issues.

News

Bybit's Exciting Offers in Kazakhstan and New Crypto Arc Experience in Dubai

Bybit launches an innovative Crypto Ark in Dubai while offering luxurious prizes like Teslas and Rolexes to attract traders in Kazakhstan.

Policy

Bybit to Pause Crypto Trading Services in India Due to Regulatory Changes

Bybit announces a temporary halt of its crypto trading services for users in India amid regulatory compliance efforts.

Finance

Navigating U.S. Regulations: Are Crypto Exchanges Playing with Fire?

Recent data reveals that crypto exchanges Bybit, Bitget, and OKX have amassed a significant user base in the US, raising concerns about regulatory compliance.