Bybit Falls Victim to One of the Largest Crypto Thefts in History
Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine transfer. The hack triggered a surge in withdrawals, as users feared Bybit might not recover. The crypto market also reacted negatively, with Ethereum dropping 6.7% and Bitcoin falling 3%.
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across ...
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...
In the world of cryptocurrency, the recent debate surrounding an Ethereum rollback has sparked significant controversy among ...
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A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital ...
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of 'suspicious outflows,' according to blockchain sleuth ZachXBT.The wallet in ...
The ongoing discourse surrounding the possibility of an Ethereum rollback is proving to be complex and challenging, as ...
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queueBybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
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