Bybit CEO Ben Zhou has announced that the exchange has fully resolved the ETH gap following the massive $1.4 billion hack. This statement aims to reassure users and investors that Bybit has successfully recovered and secured its Ethereum holdings. The event draws attention to the endless cybersecurity risks that cryptocurrency exchanges have to deal with and the resilience required to rebuild trust. However, with hackers always evolving, can exchanges ever truly stay ahead of the game?
Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on client assets through merkle tree, Stay tuned. https://t.co/QLa1vOujM6
— Ben Zhou (@benbybit) February 24, 2025
