Bybit Fights FUD with Proof of Reserves, Unveils New P2P Program

Bybit’s CEO, Ben Zhou, recently addressed and dispelled rumors that the exchange has been breached and is insolvent. These rumors were primarily fueled by a glitch in Arkham Intelligence’s Proof-of-Reserves (PoR) graph, which caused it to display empty Bybit wallets. This news triggered panic among market participants as it gained momentum on X (formerly Twitter). […] source: https://coinedition.com/bybit-fights-fud-with-proof-of-reserves-unveils-new-p2p-program/