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Markets Insider on MSN · 4h

What we know about the $1.5 billion Bybit crypto hack

The Bybit cryptocurrency exchange said it was hacked on Friday.Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion.Analysts say it may be the biggest crypto hack ever. Here's what we know.

CoinDesk · 18h

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

Crypto on The Street on MSN · 1d

Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern

Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.

Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React

Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance.

TechCrunch on MSN · 1d

Crypto exchange Bybit says it was hacked and lost around $1.4B

Crypto exchange Bitby disclosed a breach that that amounts to a loss of $1.4 billion, the largest crypto theft of all time. © 2024 TechCrunch. All rights reserved. For personal use only.

Hosted on MSN1d

Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue

Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.

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 ...

1don MSN

Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe

In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...

Cryptopolitan on MSN3h

Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?

The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.

Bybit Upholds Strong Reserves Amidst $1.4 Billion Hack and $5.3 Billion Decline in Total Assets: Hacken

Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...

22h

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 ...

Crypto Briefing1d

Bybit fully restores withdrawal system following biggest crypto hack of all time—latest updates

What happened to Bybit? Insights into the biggest-ever crypto heist in history which is possibly linked to the Lazarus Group.

5h

Bybit Launches Recovery Bounty Program with Rewards up to 10% of Stolen Funds

As part of the investigation and recovery efforts, Bybit is pledging 10% of recovered funds to reward ethical cyber and ...

1don 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 ...

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