Bybit has "fully closed the ETH gap," according to CEO Ben Zhou, following the $1.4 billion hack attributed to the North Korean Lazarus Group. The breach, which targeted multiple crypto platforms, caused significant Ethereum (ETH) losses. Bybit swiftly addressed the issue, ensuring platform security and compensating affected users. The exchange reinforced its cybersecurity measures and collaborated with authorities to track stolen assets. Despite the setback, Bybit remains operational, emphasizing transparency and risk mitigation. The Lazarus Group’s increasing attacks highlight the urgent need for stronger security protocols across the crypto industry to prevent future large-scale breaches.