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Bybit, Lazarus and Ethereum

Crypto on The Street on MSN · 1h

$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy

After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially advocated for a rollback of the blockchain network.

Hosted on MSN · 11h

Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack

Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb. 21. A new audited proof-of-reserve report will be published very soon to show Bybit’s client assets are back at a 1:1 ratio through a Merkle tree,

Business Insider · 9h

Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto

Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in history, including a

Bybit Replenishes $1.4 Billion

PCMag on MSN · 1h

$1.4 Billion Bybit Crypto Heist Tied to North Korean Hackers

Researchers spot the stolen funds moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.

TechRepublic · 46m

$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.

Business Insider · 13h

Bybit Replenishes $1.4 Billion after Largest Crypto Hack

Bybit has officially filled the $1.4 billion hole left by one of the biggest crypto hacks in history. CEO Ben Zhou announced that the exchange

Bybit’s $1.5B hack linked to North Korea’s Lazarus group

Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat ...

2d

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 ...

Crowdfund Insider8h

ByBit Says Reserves Back to Normal, North Korea based Lazarus Group Responsible for Hack

ByBit, one of the largest crypto exchanges in the world, is reporting that it has recovered pilfered funds. In a statement ...

Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack

Bybit has returned to a 1:1 backing of client assets and has fully closed the “ETH gap” it faced after an unprecedented $1.4 ...

2don MSN

Lazarus Group moves funds to multiple wallets as Bybit offers bounty

The Lazarus Group moved 10,000 Ether (ETH), valued at $27 million, to a wallet labeled Bybit Exploiter 54 on Feb. 22 to ...

Hosted on MSN2d

Analysts blame deregulation for $1.5 billion Bybit hack

Crypto traders woke up to big wins and bigger losses on Friday. Just as Coinbase celebrated the SEC dropping its lawsuit, ...

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