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$1.5B Hack of Bybit Might Be Largest Crypto Heist Ever

Bybit’s US$1.5 billion loss in largest crypto hack ever stokes bitcoin, ether sell-off

After exchange operator loses ether from a cold wallet in a North Korea-linked attack, bitcoin and ether fall as industry enthusiasm wanes.

eGamers.io on MSN · 5h

Bybit Closes $1.5 Billion Gap After Major Crypto Hack

Bybit CEO Ben Zhou announced that the exchange has fully recovered its Ethereum (ETH) reserves following a massive $1.5 billion exploit on February 21. He confirmed that a new audited Proof of Reserves (POR) report will soon be released to prove that client assets are once again backed 1:1.

TechRepublic · 13h

$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever

Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.

Bybit Declares ‘War on Lazarus’ as it Crowdsources Effort to Freeze Stolen Funds

Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group’s ...

Bybit CEO Ben Zhou Declares War on Lazarus Group: Unveils $140M Hack Bounty

Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.

3hon MSN

Bybit CEO declares ‘war against Lazarus’ after $1.4B hack

A Bybit program showed users could receive a 10% bounty for tracing funds associated with a Feb. 21 hack, potentially netting ...

Hosted on MSN4d

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.

The Daily Hodl2h

Crypto Exchange Bybit Fully Closes Ethereum Gap, According to Updated Proof of Reserves Report

Bybit's chief executive says the firm has now fully closed the Ethereum gap after hackers stole nearly $1.5 billion worth of ...

cryptopolitan on MSN7h

Bybit exchange repays 40,000 ETH post-hack loan from Bitget

On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.

Hosted on MSN10h

Bybit CEO Hints at New Recovery Tool as Stolen 100,000 ETH Moves Through Mixers

Bybit CEO Ben Zhou hints at launching a new recovery tool to help the industry track and reclaim stolen funds. Hackers behind ...

13h

Bybit hit by $1.5 billion Ethereum breach, offers 10% bounty for recovery

Dubai-based cryptocurrency exchange Bybit experienced a major hack where $1.5 billion in Ethereum was stolen from a wallet.

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