Big news in the world of cryptocurrency! A company called Bybit, which is like a digital bank for cryptocurrency, was robbed of a lot of money – about $742 million worth of Ethereum (ETH)! Ethereum is a type of cryptocurrency, similar to Bitcoin.
But here's the surprising part: After the robbery, Bybit quickly bought back even more Ethereum. This shows they are still strong and haven’t gone out of business.
Other companies are helping to stop the thief from spending the stolen money.
- Bybit was hacked and lost a huge amount of money.
- They bought back a lot of Ethereum after the hack.
- Other companies are helping to recover the stolen money.
Fact | Number |
---|---|
Amount stolen | $742 million in Ethereum |
Amount of Ethereum bought back | 266,700 ETH |
Amount frozen by other companies | $42.89 million |
Bounty offered | $140 million |