Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,
Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw hackers,
Crypto exchange Bybit loses $2.4bn in hack
Dubai-based cryptocurrency exchange Bybit has reported hackers stole $US1.5bn ($2.4bn) worth of digital assets in the largest crypto theft in industry history.
Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance.
$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
As reported by the BBC, Dubai-based crypto firm Bybit is down $1.5 billion in Ethereum after hackers compromised its digital ...
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Cryptocurrency exchange Bybit CEO Ben Zhou said the exchange has processed all withdrawals, and its system is “fully back to ...
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 ...
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 ...
Big Day for Crypto Goes South in a Hurry After a Giant Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...
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"How hackers stole over N2trn from ByBit": Crypto expert traces funds, gives info
ByBit lost over N2trn to crypto hack as their multisign wallet lost access to a team of hackers reportedly identified as the ...
World's largest crypto theft reported at Bybit; ₹13,000-crore Ethereum stolen
Dubai-based crypto exchange Bybit has reported the world's largest crypto hack worth ₹13,000 crore. The company has assured ...
Bitcoin, Ethereum, and Dogecoin slump amid Bybit’s $1.4 billion security breach
Bybit CEO Ben Zhou confirmed the incident, stating that the exchange’s ETH cold wallet was compromised due to a sophisticated ...