Bybit has returned to a 1:1 backing of client assets and has fully closed the “ETH gap” it faced after an unprecedented $1.4 billion hack hit the exchange. Address activity suggests more than $400 …
Full story: https://www.coindesk.com/markets/2025/02/24/bybit-closes-eth-gap-as-exchange-amasses-usd1-2b-after-hack