An icon in the shape of a lightning bolt. Impact Link Dubai-based cryptocurrency exchange Bybit said Friday that it had suffered what could be the largest cryptocurrency theft in history, with ...

North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM.

Customers immediately rushed to withdraw their assets from Bybit, with the exchange processing over 350,000 withdrawal requests within 12 hours of the hack. "Bybit's 1:1 reserve guarantee ensured ...

Many others also joked about how they plan to use the helpful hack for their partners, adult children and teenagers. While some people were charmed by the video, others were more critical.

Provides his insights on the $1.4B Crypto ... More Hack. (Photo By Stephen McCarthy/Sportsfile for Web Summit via Getty Images) A more resilient approach is Multi-Party Computation (MPC ...

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN. The hack hit Bybit, which describes ...

"Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss," the company's chief executive officer Ben Zhou said in a post on X.

Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus Group’s $1.5 billion hack on crypto exchange Bybit, Ethereum core ...

The Bybit hack, however, would represent the most expensive exploit in the crypto industry’s history, far exceeding the roughly $600 million removed in a 2022 hack of Ronin Bridge. Blockchain ...

The bigger the platform, the more ubiquitous the brand, the more likely it is that someone, someday, will try their luck and look to hack you. Adri Andaya, a threat analyst at the Cofense Phishing ...

Shark Tank investor Mark Cuban shrugged off concerns over the $1.4 billion Bybit hack, saying it has "no implications" for the broader crypto market. However, Cuban raised one key question ...

He noted that "all other cold wallets are secure" and withdrawals were working normally following the hack. Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago.