$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.
A Dubai-based crypto exchange lost $1.5 billion to hackers in what is being called the biggest digital heist of all time.
Bybit's prominence in the crypto industry began to rise when it became a major sponsor of Red Bull Racing between 2022 and ...
Sentiment has also soured following a series of recent industry-specific setbacks, including the biggest-ever crypto hack ...
It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...
Get the scoop on cyber heists, AI scam secrets, and game-changing data protection shifts in our weekly recap. Stay ahead of ...
Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
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