Mirana Ventures deposits $600 million in Ethereum to Bybit, significantly aiding the exchange's recovery from a historic $1.5 billion hack.
Mantle intends to repurchase 100 million BIT from FTX/Alameda through an OTC deal, facilitated by Mirana Ventures.
FTX liquidator transferred BIT and RAY tokens, sparking market reactions. Alameda moved 72.6 million BIT tokens, worth $64.4 million, to Mirana Ventures, and received USDC and USDT. FTX also sent 378,000 RAY tokens to Binance.
Bybit clarifies it has never issued BIT tokens, which are BitDAO’s governance tokens, not Bybit’s. The company is also expanding its operations to Amsterdam.