$1.5B Hack of Bybit Might Be Largest Crypto Heist Ever

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
$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.
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.
$1.4 Billion Crypto Heist Traced To Hackers Breaching SafeWallet
The malicious Javascript code used in the attack could secretly modify transactions for SafeWallet, a cryptocurrency wallet provider.
Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds. © 2024 TechCrunch. All rights reserved. For personal use only.
Bybit Closes $1.5 Billion Gap After Major Crypto Hack
Bybit CEO Ben Zhou announced that the exchange has fully recovered its Ethereum (ETH) reserves following a massive $1.5 billion exploit on February 21. He confirmed that a new audited Proof of Reserves (POR) report will soon be released to prove that client assets are once again backed 1:1.
Bybit’s US$1.5 billion loss in largest crypto hack ever stokes bitcoin, ether sell-off
After exchange operator loses ether from a cold wallet in a North Korea-linked attack, bitcoin and ether fall as industry enthusiasm wanes.
Bybit suffers biggest-ever crypto heist valued at $1.5 billion dollars
The post Bybit suffers biggest-ever crypto heist valued at $1.5 billion dollars appeared first on Android Headlines.
FBI says North Korea was responsible for $1.5 billion ByBit hack
The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 ...
decrypt1d
Bybit Wages 'War' on North Korean Hackers After $1.4 Billion Ethereum Theft
Bybit has launched a dashboard for its bounty program, with CEO Ben Zhou declaring "war" on North Korean hackers linked to ...
Inside Bitcoins18h
Bybit Hack Highlights Need For Self-Custody As Web3 Wallet Best Wallet Soars Past $10.5M In Presale
The Best Wallet presale hit $10.5 million, extending a streak of surging investment as the Bybit hack underscored the need ...
cryptonews21h
Bybit Hackers Laundered $335M Worth ETH, One-Third of Total Stolen Funds: Report
Bybit hackers have so far laundered a total of 135,000 ETH, valued at $335 million, which is close to one-third.
Crowdfund Insider15h
ByBit Hack Analysis : Centralized Exchange Operational Failures Are to Blame, Not Ethereum Blockchain
The massive $1.5B Bybit crypto hack has turned into an interesting case study which has been extensively analyzed by industry ...
coinspeaker16h
Bybit Hackers Have Strong Links to North Korea, Say Investigators
Elliptic revealed that the Bybit hack is linked to North Korean hackers who laundered the money using over 11,000 wallets.
cryptonews1d
The Bybit Hack Explained: What Happened, Who Did It, What Happens Next
The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...
Bitcoin price plunge to $87K ‘not unexpected’ after Bybit hack: Expert
Bitcoin is currently trading at a price of $87,261, a dramatic reversal for the world’s largest cryptocurrency that some ...
Bitcoin drops below $90,000 amid US tariffs and Bybit hack fallout
Bitcoin BTC=dropped below $90,000 to its lowest since November 18 on Tuesday, as market nerves over U.S. tariffs reinforced ...
Bitcoin drops below $90,000 as global jitters combine with hack from Bybit, which refused to list Pi Network
Bitcoin dropped below $90,000 to its lowest since Nov. 18 on Tuesday, as market nerves over U.S. tariffs reinforced the blow ...