$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.
FBI links $1.5 billion Bybit crypto heist to North Korea, urging action against addresses linked to the TraderTraitor group ...
Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
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 ...
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
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