Bybit Introduced a 10% Bounty amidst Stabilizing Operations

Tekedia | 26-02-2025 08:25am |

Over 450,000 ETH was siphoned from its Ethereum Cold Wallet, likely by the North Korean Lazarus Group, exploiting a flaw in the wallet’s smart contract interface. In response, Bybit acted swiftly to stabilize its funding. CEO Ben Zhou announced on February 24 that the exchange had fully restored its ETH reserves by borrowing funds from [...]The post Bybit Introduced a 10% Bounty amidst Stabilizing Operations appeared first on Tekedia.

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