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Bybit, a cryptocurrency exchange, has faced an unprecedented surge in withdrawal requests following a major hack. Over the past 10 hours, the platform has processed more than 350,000 withdrawal requests, with only about 2,100 still pending. CEO Ben Zhou confirmed that 99.994% of these requests have been completed, indicating the exchange's efforts to maintain operational functionality despite the incident. Zhou noted that the platform is currently working to rotate liquidity to fulfill the remaining requests, which have surged to a level not previously seen in the exchange's history.
Bybit just faced a massive withdrawal surge after a major hack—over 350K requests in just 10 hours. CEO Ben Zhou says 99.994% of withdrawals are already processed, with only about 2,100 left. The team worked through the night to keep things running. The attack targeted Bybit’s…
JUST IN: Bybit founder @benbybit confirms 99.994% of the exchange's 350,000 withdrawal requests have been processed Despite experiencing the biggest hack in crypto history 🚀 "All Bybit functions and product remain functional" https://t.co/p3eJ8kewQP
Bybit CEO Ben Zhou said that since the hack (10 hours ago), Bybit has experienced the highest number of withdrawals in history, with a total of more than 350,000 withdrawal requests and about 2,100 withdrawal requests pending. Overall, 99.994% of withdrawals have been completed.…
