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Hack, Bybit and Crypto

Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms

$1.46 billion would equate to the largest cryptocurrency hack of all time in dollar terms, with $470 million being lost in the Mt Gox Hack, $530 million in the 2018 hack of CoinCheck, and $650 million in the Ronin Bridge exploit. BTC and ETH dropped more than 1.5% and 2%, respectively, following the transfers.

Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI

Bybit Offers Bounty After $1.4 Billion in Ethereum Swiped in Biggest Crypto Hack Ever

Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.

Lazarus Group, Bybit and ZachXBT

Bybit's $1.4 billion hack traced to Lazarus Group: ZachXBT

Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, which has been allegedly responsible for some of the top attacks on digital asset platforms.

cryptonews · 1d

ZachXBT Identifies North Korea’s Lazarus Group Behind $1.46B Bybit Hack, Arkham Confirms

ZachXBT has identified North Korea’s Lazarus Group as the orchestrator behind the massive $1.46 billion hack on Bybit.

THE CHOSUNILBO on MSN · 12h

North Korea’s Lazarus Group suspected in $1.46B Bybit crypto theft

Bybit, one of the world’s largest cryptocurrency exchanges, has fallen victim to a $1.46 billion hack—the largest in cryptocurrency history. North Korea’s state-backed Lazarus Group is suspected to be behind the attack.

Bybit Upholds Strong Reserves Amidst $1.4 Billion Hack and $5.3 Billion Decline in Total Assets: Hacken

Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...

Hosted on MSN58m

Bybit restores nearly half of Ether reserves following $295M OTC purchase

Cryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the ...

Crypto Briefing1d

Bybit fully restores withdrawal system following biggest crypto hack of all time—latest updates

What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.

1d

Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...

Cryptopolitan on MSN15h

mETH Protocol and Tether lead campaign to freeze Bybit hacker’s bounty

The cryptocurrency space was ripe for a black swan event, and one promptly presented itself with the $1.4 billion Bybit hack.

20hon MSN

Security execs weigh in on ‘staggering’ scale of record Bybit hack

Just after the crypto industry achieved a milestone victory in the Coinbase-SEC lawsuit on Feb. 21, Bybit crypto exchange ...

Hosted on MSN20h

Bybit launches $140 million recovery bounty program for stolen $1.5 billion

Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...

Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack

I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...

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