Bybit Returns Funds to Partners, Bolsters Market Position Through Ethereum Acquisition

After a recent security breach, Bybit is demonstrating its commitment to rebuilding trust by repaying 100,000 ETH to partners. While the remaining balance of 33,000 ETH is being settled, this demonstrates their dedication to maintaining transparency and engaging with the crypto community. Bybit’s strategy includes a significant purchase of 212,101 ETH through OTC transactions, signifying confidence in Ethereum’s long-term potential and stability.