Hackers pilfer cryptocurrency exchange Bybit for $1.4B
Cryptocurrency exchange platform Bybit has been robbed of over $1.46 billion worth of Ethereum. Cybersecurity experts are calling it the largest theft on a cryptocurrency platform ever. Ben Zhou, CEO and co-founder of Bybit, confirmed the robbery on X.
Hackers steal $1.5 billion from Bybit in record-breaking crypto heist: What we know so far
The Bybit crypto heist surpasses a previous record in 2022, when hackers drained $620m (£490m) heist of Ethereum and USD Coin from the Ronin Network. In 2019, the Binance exchange suffered another major crypto heist with hackers making off with $41 million worth of Bitcoin.
The Bybit hack sent shockwaves through the crypto world, with hackers siphoning off close to $1.5B ETH from the exchange’s ...
Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new API updating a black list of suspicious wallet addresses identified so far. The API will allow ethical ...
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
Bybit CEO said the exchange has restored its Ethereum holdings after a $1.5B hack and will release a proof-of-reserves audit ...
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled its latest innovation in ...
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