Bybit Faces Withdrawal Challenges After $1.4 Billion Hack, CEO Says Liquidity Issues Being Addressed
Bybit, a leading centralized cryptocurrency exchange, faces significant challenges after suffering a massive hack that resulted in the loss of $1.4 billion worth of Ethereum. The aftermath of the attack has triggered a surge in withdrawal requests, with CEO Ben Zhou indicating that the platform is actively managing the overwhelming demand for liquidity. In a … Read more