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Swift Action: Bybit Recovers $42.89M Stolen Crypto Assets After Massive Hack

BitcoinWorld LogoBitcoinWorld12h ago

Swift Action: Bybit Recovers $42.89M Stolen Crypto Assets After Massive Hack - BitcoinWorld

Quick Summary:

In a whirlwind of events that proves the crypto space can be both wild and resilient, Bybit, a major crypto exchange, has demonstrated some serious agility.

Within moments of detecting the breach, they activated their security protocols and, crucially, reached out to key players across the crypto ecosystem.

They managed to freeze a significant chunk of the stolen crypto assets – a whopping $42.89 million – in under 24 hours!

More Pictures

Swift Action: Bybit Recovers $42.89M Stolen Crypto Assets After Massive Hack - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 17:41:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 538 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26390424

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 79 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Swift Action: Bybit Recovers $42.89M Stolen Crypto Assets After Massive Hack" has 538 words across 45 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Swift Action: Bybit Recovers $42.89M Stolen Crypto Assets After Massive Hack" was covered 12 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 79 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26390424
  • URL: https://chronographically.beamstart.com/news/swift-action-bybit-recovers-4289m-17404197515705

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