$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.
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, ...
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...
The FBI has asked the crypto market participants to block transactions tied to the Bybit hackers to prevent them from ...
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Crypto Market Recap: Bybit Suffers US$1.5 Billion Hack, Saylor's Strategy Buys More BitcoinHere's a quick recap of the crypto landscape for Monday (February 24) as of 9:00 p.m. UTC. Bitcoin and Ethereum price update ...
Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
Cryptocurrencies are incredibly safe data storage systems. They keep a detailed ledger of transactions wide open to the ...
Bybit has enlisted chief security officers from major public chains to serve as advisors, forming a formidable, decentralized network that stands united against cybercrime. This alliance reinforces ...
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