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 Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou Cointelegraph 22 Feb 2025

Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou 🔒

Bybit CEO Ben Zhou announced that the cryptocurrency exchange has successfully processed all withdrawals, and the system has returned to its regular operational speed. This comes after the platform suffered a major security exploit that resulted in the loss of $1.5 billion. The normalization of services marks a significant recovery for the exchange following the breach.

Source: cointelegraph.com ↗