Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI
The Dubai-based platform Bybit said an attacker gained control of an Ethereum wallet and transferred its holdings to an unknown address.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Dubai-based crypto exchange Bybit loses $1.5 billion in a sophisticated hack, raising questions about the security and ...
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...
Calling it the "worst hack possibly in the history of any medians (banks, crypto, finance)", CEO and founder Ben Zhou said all Bybit functions remain functional. The withdrawal system is now fully ...
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...
CoinEx is committed towards easier access to crypto trading to everyone in the world. It supports over 18 languages from ...
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Bybit Endures $1.5 Billion Crypto Heist Amidst Withdrawal SurgeCryptocurrency exchange Bybit has suffered a significant security breach, resulting in the theft of approximately $1.5 billion in digital assets. The incident has prompted a substantial number of ...
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