Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw hackers,
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Korean Hackers Steal $1.5 Billion From Cryptocurrency Exchange
Bybit, a major cryptocurrency exchange based in Dubai recently announced it had been hacked, losing $1.5 billion worth of the cryptocurrency Ethereum in the largest cryptocurrency theft of all time. Putting it into perspective,
Cryptocurrency Exchange Says It Was Victim of $1.5 Billion Hack
A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time
Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds
Crypto exchange Bitget has transferred 40,000 ether (ETH), worth $105 million, to Bybit, offering crucial support to its industry counterpart in
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 infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,
Crypto Exchange Bybit Says Ether Wallet Hacked
Cryptocurrency exchange Bybit said on Friday that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address. Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected and withdrawals were proceeding normally,
Cryptocurrency theft of £1.1bn could be biggest ever
Ethereum is the second largest cryptocurrency by value after Bitcoin. Bybit's founder Ben Zhou said the money could be covered by the firm or by a loan from partners. Bybit holds $20bn (£15bn) in assets.
Bybit says $1.5 billion worth of crypto stolen in ether wallet hack
Cryptocurrency exchange Bybit said on Friday an attacker gained control of an ether wallet and transferred around $1.5 billion worth of holdings to an unidentified address.
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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.
Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...
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Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially ...
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Cryptocurrency exchange Bybit CEO Ben Zhou said the exchange has processed all withdrawals, and its system is “fully back to ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
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Binance Founder Reflects on Bybit Hack, Prioritizes Security
The Binance Founder reflects on the Bybit hack and appreciates Ben Zhou for his transparent moves, highlighting the ...
Bybit expresses deep gratitude for industry support amid $1.4B hack
Bybit thanks industry firms and leaders for coming together and supporting the exchange during the single biggest hack in ...