Bybit says $1.5 billion worth of crypto stolen in ether wallet hack
An estimated $1.5 billion worth of Ethereum has been siphoned from a security breach at Dubai-based cryptocurrency exchange Bybit. Certainly, the incident falls under one of the severe crypto heists in the books of history as it raises a red flag for the security protocols of digital asset platforms.
Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history.
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Hackers stole $1.5 billion worth of Ethereum from Dubai-based crypto exchange Bybit in what is believed to be the largest ...
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...
Bybit CEO said the exchange has restored its Ethereum holdings after a $1.5B hack and will release a proof-of-reserves audit ...
As Pi lost much of its value one day after it achieved open network status, Ben Zhou, CEO of crypto exchange Bybit, again posted a warning about the cryptocurrency.
The Bybit exchange released a blacklisted wallet application programming interface (API) on Feb. 23, following the recent ...
Bybit CEO Ben Zhou has pledged to pursue all possible avenues to recover the funds stolen during the recent hack linked to ...
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