Hackers linked to North Korea’s Lazarus Group drained nearly $1.5 billion from Bybit’s ether cold wallets on February 21. Following this, panic spread across the platform as users rushed to withdraw funds. Blockchain data from DeFiLlama revealed total assets plummeted from $16.9 billion to $11.2 billion within hours. Meanwhile, CEO Ben Zhou activated emergency protocols, urging staff to prioritise withdrawal … Continue reading Is Bybit Headed for Bankruptcy After $1.5Billion Hack?