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$1.5B Hack of Bybit Might Be Largest Crypto Heist Ever

The biggest crypto heist ever: $1.5 billion stolen from Bybit cryptocurrency exchange

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.

TechRepublic · 2h

$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.

American Banker · 6h

How hackers stole $1.5 billion in crypto from Bybit's cold wallet

Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.

Bybit, Ethereum and DAO hack

Crypto on The Street on MSN · 3h

$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy

After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially advocated for a rollback of the blockchain network.

Times Now on MSN · 13h

“Largest Crypto Hack In History” Bybit Faces Historic $1.5 Billion Crypto Hack, Ethereum Price Drops 4%

Bybit, a Dubai-based crypto exchange, suffered a massive $1.5 billion hack, triggering $5.5 billion in withdrawals. Suspected to be the work of North Korea’s Lazarus Group, the breach shook the crypto world,

Arabian Post on MSN · 1d

Ethereum Community Rejects Rollback Proposal After Bybit’s $1.4 Billion Hack

A massive security breach at cryptocurrency exchange Bybit has resulted in the theft of approximately $1.4 billion in Ethereum , marking one of the largest heists in the digital currency sector to date.

13hon MSN

Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack

Bybit CEO Ben Zhou says his cryptocurrency exchange has fully replaced the $1.4 billion worth of Ether that was hacked on Feb ...

11h

Bybit CEO Weighs Ethereum Rollback while Lazarus Moves Stolen Crypto

Bybit CEO Ben Zhou is considering all possible options to recover the $1.4 billion stolen in the largest crypto hack in ...

HHS6h

Bybit Restores $1.4 Billion in Stolen Ether

Hacked crypto exchange Bybit replenished the $1.4 billion in Ether stolen days ago, CEO Ben Zhou said Monday. A new ...

Hosted on MSN3d

Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.

VN Express10h

Bybit CEO Ben Zhou sounds alarm again as Pi value more than halves

As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.

17h

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest ...

Hosted on MSN16h

Bybit seals ETH shortfall, CEO confirms new proof-of-reserves incoming

Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.

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