$1.5B Hack of Bybit Might Be Largest Crypto Heist Ever

North Korea was behind the $1.5B Bybit crypto hack, FBI says
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.
$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.
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,
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.
$1.4 Billion Crypto Heist Traced To Hackers Breaching SafeWallet
The malicious Javascript code used in the attack could secretly modify transactions for SafeWallet, a cryptocurrency wallet provider.
Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds. © 2024 TechCrunch. All rights reserved. For personal use only.
Bybit Closes $1.5 Billion Gap After Major Crypto Hack
Bybit CEO Ben Zhou announced that the exchange has fully recovered its Ethereum (ETH) reserves following a massive $1.5 billion exploit on February 21. He confirmed that a new audited Proof of Reserves (POR) report will soon be released to prove that client assets are once again backed 1:1.
Bybit’s US$1.5 billion loss in largest crypto hack ever stokes bitcoin, ether sell-off
After exchange operator loses ether from a cold wallet in a North Korea-linked attack, bitcoin and ether fall as industry enthusiasm wanes.
Bybit $1.4B hack investigators tie over 11K wallets to North Korean hackers
North Korean hackers behind the $1.4 billion Bybit hack control more than 11,000 cryptocurrency wallets used to launder ...
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Bybit Hack Update: Hackers Launder Over $605M in Ethereum Despite Identity Reveal
Hackers behind Bybit's $1.4 billion exploit continue laundering over $605 million in Ethereum despite being identified as North Korea's Lazarus Group.
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 ...
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Bybit CEO declares ‘war against Lazarus’ after $1.4B hack
A Bybit program showed users could receive a 10% bounty for tracing funds associated with a Feb. 21 hack, potentially netting ...
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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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UAE approved Bybit’s in-principal approval days before hack
Crypto exchange Bybit has received in-principal approval to establish a virtual assets platform in the United Arab Emirates ...
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Bybit exchange repays 40,000 ETH post-hack loan from Bitget
On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.