$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.
Still, valued at $1.5 billion, the Bybit heist would make up more than half of the total amount of crypto stolen in 2024, ...
The malicious Javascript code used in the attack could secretly modify transactions for Safe{Wallet}, a cryptocurrency wallet ...
Bybit's prominence in the crypto industry began to rise when it became a major sponsor of Red Bull Racing between 2022 and ...
Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
North Korean hackers carried out the largest cryptocurrency heist in history, stealing $1.5 billion from the Dubai-based ...
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 ...
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