Bybit Acquires 266,700 ETH Worth $742 Million Following $1.4 Billion Hack
In a significant move following its recent security breach, cryptocurrency exchange Bybit has reportedly purchased 266,700 Ethereum (ETH) worth approximately $742 million over two days, according to blockchain analytics firm Lookonchain. The purchases were made by wallets associated with Bybit, although the exchange has not officially acknowledged this. One wallet, ...