$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.
The FBI Officially Blames North Korea’s Lazarus Group for Bybit Crypto Heist
Officials pinned the blame on North Korea’s Lazarus Group for the recent devastating $1.5 billion crypto heist against Bybit. Earlier this month, popular cryptocurrency exchange Bybit suffered a devastating attack that inflicted a tremendous $1.5 billion loss.
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, ...
The post Bybit suffers biggest-ever crypto heist valued at $1.5 billion dollars appeared first on Android Headlines.
The malicious Javascript code used in the attack could secretly modify transactions for Safe{Wallet}, a cryptocurrency wallet ...
Crypto thefts by North Korea-linked hackers more than doubled last year to US$1.34 billion, accounting for about 60 per cent ...
Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.
Sentiment has also soured following a series of recent industry-specific setbacks, including the biggest-ever crypto hack ...
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