Bybit’s recovery post-largest crypto hack boosted by retail investment focus
10th April 2025 – (Dubai) In the aftermath of the most significant crypto hack to date, Bybit is gradually regaining its footing, with retail investment playing a crucial role in the process.
The crypto exchange Bybit has been navigating a path to recovery following the largest hack in crypto history, resulting in a staggering $1.6 billion loss. A research report by Block Scholes, commissioned by Bybit, delves into the details of the crash and the subsequent resurgence of the platform.
Post-hack, Bybit experienced a decline in market share, plummeting from 10% in January 2025 to a mere 4%. However, the report highlights a substantial rebound to 7% within a few weeks. Concurrently, trading…
