$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.
It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...
Bybit's prominence in the crypto industry began to rise when it became a major sponsor of Red Bull Racing between 2022 and ...
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 ...
Sentiment has also soured following a series of recent industry-specific setbacks, including the biggest-ever crypto hack ...
Get the scoop on cyber heists, AI scam secrets, and game-changing data protection shifts in our weekly recap. Stay ahead of ...
Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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Bybit Hacked: $1.5 Billion Ethereum Stolen in Massive BreachBybit Faces Unprecedented Industry Response A major cryptocurrency exchange, Bybit, has suffered a massive security breach, ...
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