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Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

“At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto,” company CEO Gracy Chen told CoinDesk.

The agency has been plagued with procedural and organizational issues for years.

Bybit CEO has said that the exchange is solvent and withdrawals remain open.

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency’s previous crypto stance.

Seventy percent of YZY tokens will go to Ye (a.k.a. Kanye West), personally.

The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.

The U.S. Securities and Exchange Commission has been overhauling its digital asset kanunî strategy, and this week it dropped an appeal of the crypto dealer rule.

Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange.