Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?

Dubai-based crypto exchange Bybit has fully restored its Ethereum reserves following a $1.5 billion hack last week. The exchange secured 446,870 ETH through strategic acquisitions and loans, ensuring all assets remain backed 1:1.

Bybit said it successfully navigated the biggest cryptocurrency heist ever recorded, in which hackers stole about $1.5B in digital assets from the crypto exchange's ethereum cold wallet. Hackers stole over 400,