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
The Lazarus Group, the primary suspect behind the $1.4 billion Bybit hack, may also be linked to recent Solana memecoin scams, including rug pulls on the Pump.fun platform, according to onchain ...
Week99er on MSN1h
Why The $1.4B Bybit Hack Is Bullish For DeFi Protocol's Like Remittix With Unique Crypto-To-Fiat PayFi SolutionCrypto markets took a hit after a reported $1.4 billion hack on Bybit, one of the biggest exchanges globally. Over $566 million in liquidations struck in 24 hours, mostly targeting long positions.
Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, ...
What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Zach XBT Unveils Lazarus Group Involvement in Bybit Hack; Arkham Bounty Program Cryptocurrency expert Zach XBT has recently ...
Cryptopolitan on MSN2h
Bybit restores nearly half of Ether reserves following $295M OTC purchaseCryptocurrency firm Bybit has restored nearly half of its Ether (ETH) reserves after a massive crypto hack that rattled the global Web3 industry.
ZachXBT has identified North Korea’s Lazarus Group as the orchestrator behind the massive $1.46 billion hack on Bybit.
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