$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's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
The massive $1.5B Bybit crypto hack has turned into an interesting case study which has been extensively analyzed by industry ...
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The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...
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By Alun John and Amanda Cooper LONDON (Reuters) -Bitcoin hit its lowest in over three months on Tuesday, as nerves in markets ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
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