Bybit says $1.5 billion worth of crypto stolen in ether wallet hack
An estimated $1.5 billion worth of Ethereum has been siphoned from a security breach at Dubai-based cryptocurrency exchange Bybit. Certainly, the incident falls under one of the severe crypto heists in the books of history as it raises a red flag for the security protocols of digital asset platforms.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Crypto exchange Bybit announced that it has recovered almost 100% of its Ethereum lost through loans and other OTC deals.
It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...
Bybit is reported to have fully reached 1:1 on clients’ assets after a recent hack caused its Ethereum (ETH) reserve to drop ...
Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures ...
The hacker who carried out the biggest heist in cryptocurrency history now holds more Ethereum (CRYPTO: ETH) than the ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
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