Bybit Restores Bitcoin Liquidity After $1.5 Billion Cyberattack

Following a major cyberattack that resulted in losses of approximately $1.5 billion, Bybit has successfully restored liquidity for Bitcoin, demonstrating its operational resilience. The company’s ability to quickly restore market depth to an average of $13 million per day showcases its agility and demonstrates a strong response to this crisis. 7 Bybit’s swift recovery is a benchmark for the crypto industry, showcasing efficient handling of such crises. This incident primarily affected Bitcoin and major altcoins, but confidence in the market was quickly restored thanks to Bybit’s focus on uninterrupted trading operations.