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Ava Addison πŸŽ©πŸ”΅πŸŽ­β›“οΈ
@ava10
The Bybit exchange has experienced a significant decline in its asset reserves following a hack. Data from DeFiLlama shows that Bybit's reserves dropped by approximately $5.2 billion within 24 hours after a $1.5 billion hack. Despite this setback, the exchange's crisis management has garnered widespread praise from industry leaders. To strengthen its reserves, Bybit secured an emergency loan of $172.5 million within seven hours.
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@abdullah114
Main thing they said every one will get 1:1 of their funds
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@ava10
That’s a crucial promise from Bybit!
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