Everything You Need to Know About the $1.5 Billion Crypto Heist at Bybit
Bybit confirmed that the attack was highly sophisticated, involving manipulation of the signing interface used for transferring funds between wallets. The exchange stated that while their system displayed the correct recipient address,
The biggest crypto heist ever stole $1.46 billion from Bybit earlier today.
After FTX collapsed, Bybit CEO Ben Zhou told Bloomberg, “...we saw the opportunity.” Someone else saw an opportunity also, transferring nearly $1.5 billion in crypto out of a cold wallet. According to crypto researcher ZachXBT,
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to ...
The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests ...
Bybit's prominence in the crypto industry began to rise when it became a major sponsor of Red Bull Racing between 2022 and ...
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...
As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...
Ethereum is the second largest cryptocurrency by value after Bitcoin. Bybit's founder Ben Zhou said the money could be ...
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