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$1.5 Billion Ethereum Stolen in Massive Breach

Hosted on MSN · 38m

Bybit Hacked: $1.5 Billion Ethereum Stolen in Massive Breach

Bybit Faces Unprecedented Industry Response A major cryptocurrency exchange, Bybit, has suffered a massive security breach, leading to the theft of approximately $1.5 billion worth of Ethereum. The incident took place late Friday evening when hackers exploited a routine transfer of funds from a secure offline wallet to a daily-use wallet.

Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO

The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases.

Bybit Acquires 100% Ethereum Lost From the Hack In 48 Hours

Crypto exchange Bybit announced that it has recovered almost 100% of its Ethereum lost through loans and other OTC deals.

North Korea, from Bybit

blockonomi · 19m

Bybit’s $1.46B Hack: Recovery Efforts Begin as North Korean Laundering Operation Unfolds

North Korean hackers have begun laundering $140 million of the $1.46 billion stolen from Bybit through anonymous exchanges

CSOonline · 10m

Bybit’s $1.5B hack linked to North Korea’s Lazarus group

Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat actor’s identity as the Lazarus group.

essanews.com on MSN · 11h

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.

2don MSN

Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures ...

Crypto News Flash4h

Bybit Swiftly Restores Dwindling Ethereum Reserve with $1.23B in ETH After $1.4 Billion Theft

Bybit is reported to have fully reached 1:1 on clients’ assets after a recent hack caused its Ethereum (ETH) reserve to drop ...

Infosecurity-magazine.com1h

Bybit Offers $140m Bounty to Recover Funds After Mega Crypto-Heist

It praised the work of industry groups that came together to help trace, block and recover some of the stolen funds. For ...

SiliconRepublic1h

$1.5bn stolen from Bybit, in ‘largest ever digital heist’

Cryptocurrency company Bybit is at the centre of potentially the worst digital heist ever reported, with more than $1.5bn ...

7hon MSN

Bitcoin, Dogecoin Struggle, Ethereum Gains Amid Grim Crypto Sentiment After Bybit's Billion-Dollar Hack: Analyst Says 'Still Time Left In The Cycle'

Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on ...

Bybit Hack Proceeds May Now Be Routed Through Mixers: Elliptic

Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...

Fintech Singapore7h

Bybit Offers Up to US$140M Bounty for Stolen Ethereum, TRM Labs Ties Hack to N. Korea

Bybit, a crypto exchange, has launched a Recovery Bounty Programme after suffering a record-breaking US$1.4 billion Ethereum ...

21hon MSN

Ethereum rollback deemed ‘technically intractable’ amid Bybit hack pressure

Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus ...

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