Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms
$1.46 billion would equate to the largest cryptocurrency hack of all time in dollar terms, with $470 million being lost in the Mt Gox Hack, $530 million in the 2018 hack of CoinCheck, and $650 million in the Ronin Bridge exploit. BTC and ETH dropped more than 1.5% and 2%, respectively, following the transfers.
Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI
Cryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the ...
Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, ...
Cryptopolitan on MSN15h
mETH Protocol and Tether lead campaign to freeze Bybit hacker’s bountyThe cryptocurrency space was ripe for a black swan event, and one promptly presented itself with the $1.4 billion Bybit hack.
Just after the crypto industry achieved a milestone victory in the Coinbase-SEC lawsuit on Feb. 21, Bybit crypto exchange ...
Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
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