$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 ...
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Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers
FBI confirms North Korea’s Lazarus Group stole $1.5B from Bybit, surpassing 2024’s total crypto heists. Investigations reveal ...
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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 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 ...
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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 ...
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Bybit Releases Forensic Report Linking $1.5B Hack to Safe Wallet Compromise
Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
Bitcoin drops below $90,000 as global jitters combine with Bybit hack
By Alun John, Amanda Cooper, Hannah Lang LONDON (Reuters) -Bitcoin dropped below $90,000 to its lowest since November 18 on ...
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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 ...
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 ...
Bybit gets $600M ETH injection from Mirana Ventures after massive $1.5B hack
Bybit, one of the world’s largest cryptocurrency exchanges, has received a $600 million Ethereum (ETH) deposit from Mirana ...