The results emphasize Bybit’s extraordinary recovery rate and how the exchange’s zero-time reaction helped limit a possible catastrophe.
The reaction of the industry to the attack of Bybit-Lazarus marks the beginning of a new era of resilience in the digital asset market.
Bybit’s deep liquidity, which had been regarded for a long time to be one of its primary competitive advantages, was called into question after the attack.
Glassnode, the leading onchain market intelligence provider recognized by top-tier financial institutions all over the globe, has recently released a a new research report that highlights Bybit, which is the second-largest cryptocurrency exchange in the world based on trading volume. The results emphasize Bybit’s extraordinary recovery rate and how the exchange’s zero-time reaction helped limit a possible catastrophe by absorbing market shock that might have thrown the cryptocurrency sector into a downward spiral. Bybit’s recovery r
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