What we know about the $1.5 billion Bybit crypto hack
The Bybit cryptocurrency exchange said it was hacked on Friday.Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion.Analysts say it may be the biggest crypto hack ever. Here's what we know.
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.
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,
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.
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.
Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React
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 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. © 2024 TechCrunch. All rights reserved. For personal use only.
North Korean cybercriminals linked to massive $1.19bn crypto heist
A $1.19 billion crypto theft has allegedly have been carried out by cyber criminals from North Korea, feared to be "the worst ...
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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. This huge security breach shook investor confidence and further threw doubts ...
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 ...
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 Defies Odds: How the Largest Crypto Hack in History Became a Test of Resilience and Transparency
The crypto industry rallied around Bybit, demonstrating a united front against security threats. Major exchanges blacklisted the hacker's wallets, preventing further movement of stolen funds. This ...
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Bybit CEO Ben Zhou said in a Feb. 22 X post that the exchange’s withdrawal system is “now fully back to normal pace” ...