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Hackers steal $1.5bn from crypto exchange Bybit

Bybit CEO Says Crypto Exchange Is Solvent, All User Assets Backed 1:1 Following ‘Largest Heist of All Time’

The chief executive of the crypto exchange Bybit is assuring customers that the firm can meet all withdrawal requests following a massive cybersecurity incident.

The Financial Times · 1d

Hackers steal $1.5bn from crypto exchange Bybit in biggest-ever heist

Hackers stole about $1.5bn in crypto tokens from Bybit, in a heist the digital asset exchange described as the biggest theft to hit the industry. Ethereum coins were been taken from Bybit’s offline or “cold” wallet,

Hosted on MSN · 1d

Shock as crypto exchange Bybit is hit by record-breaking $1.5 billion hack

Bybit crypto exchange has suffered a major hack, losing $1.5 billion in digital assets. This is believed to be the biggest crypto theft in history.

Eth, Bybit and cryptocurrency

Business Insider · 8h

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 on The Street on MSN · 1d

Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours

AMBCrypto · 21h

Ethereum whales keep hoarding despite Bybit hack – Buying pressure to ETH’s rescue?

Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across multiple wallets. As expected, this incident has triggered speculation about potential sell-offs and buybacks, making Ethereum’s near-term trajectory uncertain.

AMBCrypto4h

Ethereum surges as Bybit buys back $297M – Will ETH see a full recovery?

In the second phase—twice the size of the initial purchase—Bybit bought 71,755 ETH worth $197 million. Typically, when a ...

16m

Ethereum Community Rejects Rollback Proposal After Bybit's $1.4 Billion Hack

A massive security breach at cryptocurrency exchange Bybit has resulted in the theft of approximately $1.4 billion in Ethereum , marking one of t ...

1don MSN

Ethereum plunges 5% as Bybit suffers $1.4 billion exploit

The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth ...

Arabian Post on MSN4h

Bybit's $100 Million Ethereum Purchase Sparks Market Surge

Cryptocurrency exchange Bybit has made a significant move in the digital asset market by acquiring approximately 36,893 Ether ...

CoinDesk1d

Arthur Hayes Proposes Rolling Back Ethereum Network to Negate $1.4B Bybit Hack

I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...

2don MSN

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 ...

cryptonews5h

Bybit CEO Vows to Recover Stolen Funds, Discusses Possibility of Ethereum Blockchain Rollout

Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...

https//beincrypto.com5h

Ethereum (ETH) Recovers With Strong Demand as Whales Target $2,900

If this occurs, Ethereum could first test a price level near its long-term line (the blue line in the chart) around $2,876. Breaking this resistance could open the door for a move to $3,020. If the ...

Cryptopolitan on MSN2h

Lazarus Group launches ‘QinShihuang’ meme coin to launder $26M more from Bybit stash

North Korea’s Lazarus Group dropped a meme coin Sunday morning called QinShihuang on the Pump Fun platform to launder $26 ...

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