Hackers steal USD 1.5 billion from Bybit in record-breaking crypto heist
Dubai-based cryptocurrency exchange Bybit reported on Friday that hackers stole USD 1.5 billion worth of digital assets in what marks the largest crypto theft in industry history. Bybit CEO and founder Ben Zhou addressed the hack during an online chat,
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.
Crypto exchange Bybit says it was hacked and lost around $1.4B
Crypto exchange Bitby disclosed a breach that that amounts to a loss of $1.4 billion, the largest crypto theft of all time.
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The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
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Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance.
Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated
Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures ...
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Bybit Falls Victim to One of the Largest Crypto Thefts in History
Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine ...
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Cryptocurrency exchange Bybit CEO Ben Zhou said the exchange has processed all withdrawals, and its system is “fully back to ...
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 ...
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Crypto sent reeling by world’s biggest ever heist
The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 ...
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Bybit fully restores withdrawal system following biggest crypto hack of all time—latest updates
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
Record $1.5 billion crypto heist hits exchange, Ethereum reserves drained
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...