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.
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf ...
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
Bybit, a crypto exchange, has launched a Recovery Bounty Programme after suffering a record-breaking US$1.4 billion Ethereum ...
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