Unprecedented $1.5 billion crypto heist linked to North Korea
The cryptocurrency exchange Bybit has fallen victim to an attack resulting in the theft of digital assets valued at $1.5 billion. Experts estimate this to be the largest theft in the history of this sector.
Everything You Need to Know About the $1.5 Billion Crypto Heist at Bybit
Bybit confirmed that the attack was highly sophisticated, involving manipulation of the signing interface used for transferring funds between wallets. The exchange stated that while their system displayed the correct recipient address,
The biggest crypto heist ever stole $1.46 billion from Bybit earlier today.
After FTX collapsed, Bybit CEO Ben Zhou told Bloomberg, “...we saw the opportunity.” Someone else saw an opportunity also, transferring nearly $1.5 billion in crypto out of a cold wallet. According to crypto researcher ZachXBT,
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history. Hackers drained approximately $1.5 billion in digital assets, far surpassing previous thefts in the sector, according to blockchain analytics firm Elliptic. The attack compromised Bybit's cold wallet, an offline storage system designed for security.
World's BIGGEST crypto heist: Hackers steal Rs 13000 crore in sophisticated Ethereum wallet attack, here's all you need to know
This hack surpasses the 2022 Ronin Network breach, which saw the theft of $620 million in Ethereum and USD Coin. That attack was allegedly carried out by North Korea's Lazarus group
Bybit Suffers $1.5 Billion Ethereum Theft in Unprecedented Crypto Heist
DubaiIn a significant security breach, Dubai-based cryptocurrency exchange Bybit has reported the theft of approximately $1.5 billion worth of Ethereum. The incident, which stands as one of the largest in the history of digital currencies,
Ethereum Hackers Just Pulled Off The Biggest Crypto Heist In History: Here's What Happened
There has been another crypto heist and this time, it's the biggest one in history. Here's everything you need to know about the Ethereum theft.
$1.5 billion crypto heist could be the biggest yet, more than doubling the previous record, but don't worry: The affected firm says it can take the hit
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
The Daily Hodl7h
Bybit CEO Says Crypto Exchange Is Solvent, All User Assets Backed 1:1 Following ‘Largest Heist of All Time’
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
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 ...
InvestmentNews2d
Crypto sent reeling by world’s biggest ever heist
The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 ...
North Korean cybercriminals linked to massive $1.19bn crypto heist
A $1.19 billion crypto theft has allegedly have been carried out by cyber criminals from North Korea, feared to be "the worst ...
Former Red Bull F1 Sponsor Involved in $1.5 Billion Crypto Heist
Bybit's prominence in the crypto industry began to rise when it became a major sponsor of Red Bull Racing between 2022 and ...
Cryptopolitan on MSN1d
Bybit launches $140 million recovery bounty program for stolen $1.5 billion
Bybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
Massive Crypto Heist, Commerce Dept May Absorb Postal Service, More
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