Bybit’s reserves plunge by $6 billion in two days after exploit

Embattled crypto exchange Bybit experienced a sharp decline in its reserves, shedding over $6 billion in just two days. This mass exodus of funds followed a $1.4 billion exploit on Feb. 21, triggering widespread panic among users. Data from DeFiLlama reveals that Bybit processed $2.5 billion in withdrawals on Feb. 22 and another $3.26 billion […] The post Bybit’s reserves plunge by $6 billion... source: https://cryptoslate.com/insights/bybits-reserves-plunge-by-6-billion-in-two-days-after-exploit/