$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.
Bitcoin is currently trading at a price of $87,261, a dramatic reversal for the world’s largest cryptocurrency that some ...
The notoriously disastrous Fyre Festival is getting a sequel after a scrapped reboot attempt in 2023. The music festival will ...
North Korean hackers have stolen US$1.5 billion (NZ$2.62b) in cryptocurrency in a single heist, making it the largest crypto ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a ...
Coinbase, MicroStrategy, and other publicly traded firms saw sizable losses Tuesday as crypto and stock prices alike ...
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...
Industry Leaders Applaud Bybit’s Crisis Response. Despite the catastrophic loss, Bybit’s handling of the crisis has been ...
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