$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.
Bitcoin is currently trading at a price of $87,261, a dramatic reversal for the world’s largest cryptocurrency that some ...
The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...
Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat ...
According to CoinMarketCap, Bybit is active in 1,174 markets, with over 60 million users worldwide. Analysts said that the ...
The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, ...
Chainalysis recently published a detailed breakdown of the infamous Bybit hack that resulted in the theft of $1.4 billion worth of cryptocurrencies.
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