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Bybit, Crypto and Hack

Crypto on The Street on MSN · 1h

$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy

After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's Lazarus Group, some members of the crypto community have controversially advocated for a rollback of the blockchain network.

TechRepublic · 21m

$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.

Mashable on MSN · 1h

The biggest crypto heist ever: $1.5 billion stolen from Bybit cryptocurrency exchange

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.

Hosted on MSN10h

Ethereum Under Pressure – Bybit Replenishes $1.23B ETH Reserves, Stolen Funds May Head to Mixers

Ethereum (ETH) fell over 4% on Monday despite showing weekend resilience, as fallout from Bybit’s record $1.5 billion hack ...

4h

Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?

Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...

Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO

The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...

Ethereum Price Dumps 8%, But Presents Excellent Risk Reward – Big Bounce Coming?

The Ethereum price dumped 8% on Monday, but despite that, various experts remains bullish on Ethereum’s long-term outlook.

3don 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 ...

Internet of People12h

Infini suffers $50M hack, days after Bybit’s $1.5Bn exploit

Infini, a stablecoin neobank, reportedly suffered an exploit that resulted in a loss of $49.5 million. According to ...

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