Weekly crypto recap: $1.4B Bybit hack, Solana memecoin drama, and Microstrategy's plan to raise $2B
Bybit suffers a record $1.4B hack, Bitcoin plunges, and fears of contagion grow. Meanwhile, Trump boosts XRP sentiment, ...
Record $1.5 billion crypto heist hits exchange, Ethereum reserves drained
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...
Ethereum rollback deemed 'technically intractable' amid Bybit hack pressure
Ethereum core developer Tim Beiko said in a Feb. 22 X post that the “reasonably sounding proposal” for an Ethereum network rollback after the significant Bybit hack is “technically intractable.” ...
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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Bybit data breach: $1.5 billion gone in worst crypto attack! What about traders' money? - All you need to know
Bybit data breach is one of the biggest crypto attack in the history. Earlier in July 2024, WazirX suffered the worst ...
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Bybit suffers major crypto heist: What happened and what it means for users
Cryptocurrency exchange Bybit has suffered a major security breach, with hackers stealing $1.5 billion from an Ethereum cold ...
Bybit exploit exposes security flaws in centralized crypto exchanges
Cryptocurrency exchange Bybit has suffered the largest hack in crypto history, losing more than $1.4 billion in liquid-staked ...