Crypto sleuths join hunt for $1.5bn stolen in biggest ever heist
A company which fell victim to what's thought to be the world's biggest ever robbery is seeking to recover some of its losses by crowdsourcing online bounty hunters. Last week, hackers thought to be from North Korea's infamous Lazarus Group stole $1.46bn (£1.1bn) of cryptocurrency from ByBit, a crypto trading platform.
The biggest crypto heist ever: $1.5 billion stolen from Bybit cryptocurrency exchange
According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.
Crypto's biggest hacks and heists after $1.5 billion theft from Bybit
Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.
$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.
Fortune in crypto stolen in “biggest digital heist ever”
Last week, crypto exchange Bybit fell victim to a hacking. In the process, digital robbers made off with crypto worth as much as 1.4 billion euros. This would be the “largest digital heist” ever, according to blockchain analysis company Elliptic.
Researchers accuse North Korea of $1.4 billion Bybit crypto heist
North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher
Biggest crypto heist in history, worth $1.5bn, linked to North Korea hackers
Analysis suggests North Korea-linked cybercrime groups are behind one in five of all hacking incidents in 2024.
Who Pulled Off the Biggest Crypto Heist in History? Signs Point to North Korea
Researchers spot the stolen funds moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.
North Korean hackers steal record $1.5 billion in single crypto hack, security firm says
North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN.
North Korea plunders world’s crypto markets in biggest ever heist
State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.
Crypto’s Grown-Up Response To North Korea’s Historic $1.4B Robbery
Industry Leaders Applaud Bybit’s Crisis Response. Despite the catastrophic loss, Bybit’s handling of the crisis has been widely praised.
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