{"id":151625,"date":"2025-02-23T19:00:07","date_gmt":"2025-02-23T17:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151625"},"modified":"2025-02-23T13:44:33","modified_gmt":"2025-02-23T11:44:33","slug":"heres-how-much-ether-bybit-has-recovered-after-recent-hack","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-how-much-ether-bybit-has-recovered-after-recent-hack\/","title":{"rendered":"Here\u2019s How Much Ether Bybit Has Recovered After Recent Hack"},"content":{"rendered":"<p data-start=\"0\" data-end=\"369\">The attack, which saw the theft of over $1.4 billion in liquid-staked <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong>, Mantle Staked ETH, and various ERC-20 tokens, remains the largest cryptocurrency hack in history.<\/p>\n<p data-start=\"371\" data-end=\"886\">In just two days, Bybit\u2019s ETH holdings <strong><a href=\"https:\/\/cryptoquant.com\/asset\/eth\/chart\/exchange-flows\/exchange-reserve?exchange=bybit&amp;window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=linear&amp;chartStyle=line\" target=\"_blank\">climbed<\/a> <\/strong>from a low of 61,000 ETH to over 201,600 ETH, driven by a mix of over-the-counter (OTC) purchases and emergency assistance from other industry players. Notably, Binance, Bitget, and HTX Group\u2019s Du Jun contributed 50,000, 40,000, and 10,000 Ether respectively to help stabilize the exchange.<\/p>\n<p data-start=\"371\" data-end=\"886\">The swift recovery has fostered continued user confidence, as Bybit also processed over 350,000 withdrawal requests with a 99.9% completion rate within 10 hours of the breach.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/warren-buffett-warns-of-u-s-dollar-risks-reflects-on-capitalisms-future\/\" title=\"Warren Buffett Warns of U.S. Dollar Risks, Reflects on Capitalism&#8217;s Future\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/warren-buffet-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Warren Buffett Warns of U.S. Dollar Risks, Reflects on Capitalism&#8217;s Future<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p data-start=\"888\" data-end=\"1331\" data-is-last-node=\"\" data-is-only-node=\"\">The attack, attributed to the Lazarus Group\u2014allegedly a North Korean hacker group\u2014compromised Bybit&#8217;s Ethereum multisig cold wallet. Analysts suggest the breach occurred via a deceptive transaction that misled wallet signers into authorizing a harmful smart contract update.<\/p>\n<p data-start=\"888\" data-end=\"1331\" data-is-last-node=\"\" data-is-only-node=\"\">Despite the financial setback, Bybit&#8217;s proof-of-reserve auditor confirmed that the platform\u2019s reserves still surpass its liabilities, ensuring user funds remain secure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following a major hack that targeted Bybit on February 21, the exchange has managed to recover a significant portion of its Ethereum reserves, bouncing back to nearly half of its pre-attack levels.<\/p>\n","protected":false},"author":9,"featured_media":49179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-151625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s How Much Ether Bybit Has Recovered After Recent Hack<\/title>\n<meta name=\"description\" content=\"Following a major hack that targeted Bybit on February 21, the exchange has managed to recover a significant portion of its Ethereum...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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