Bybit Recovers Liquidity After Major Security Breach, Signaling Industry Shift

In a significant move, Bybit, a leading cryptocurrency exchange, restored liquidity after a $1.5 billion hack attributed to North Korea’s Lazarus Group. The rapid recovery in just 30 days underscores their commitment to user protection and demonstrates the industry’s growing resilience. The impact of this event on market stability is being evaluated as regulatory bodies and exchanges alike reassess security protocols and practices.