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Bybit Sees Over $4 Billion 'Bank Run'

CoinDesk · 19m

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

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

Hosted on MSN · 10h

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.

Dubai Crypto Exchange Bybit Is Hacked For $1.44 Billion ETH, But CEO Says Losses Will Be Covered

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

4hon MSN

In pictures: Bybit’s record-breaking $1.4B hack

Cryptocurrency exchange Bybit has fallen victim to the largest hack in history, with North Korea’s state-sponsored hacking ...

6h

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...

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