Crypto exchange Bybit has launched a $140 million bounty program to incentivize ethical hackers and cybersecurity experts.
Crypto markets took a hit after a reported $1.4 billion hack on Bybit, one of the biggest exchanges globally. Over $566 million in liquidations struck in 24 hours, mostly targeting long positions.
The cryptocurrency space was ripe for a black swan event, and one promptly presented itself with the $1.4 billion Bybit hack.
Bybit has released a blacklisted wallet tool to aid ethical hackers attempting to recover stolen crypto from the Feb. 21 ...
Bybit's Ether reserves are back to nearly 50% of pre-hack levels within two days since losing $1.4 billion to the largest cyberattack ...
The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
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