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 emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI
Here’s everything we know about Bybit’s $1.4 billion ETH hack, its Lazarus links
Bybit’s $1.4 billion Ethereum hack has been reportedly linked to the notorious Lazarus group. As expected, this triggered a withdrawal frenzy as investors exited the crypto exchange en masse. In fact, according to Bybit’s founder and CEO Ben Zhou, the exchange saw record withdrawal requests, but they were all handled smoothly.
Bybit has fallen victim today to one of the largest crypto hacks ever recorded, with hackers reportedly stealing over $1.4 ...
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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 has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across ...
On February 21, the cryptocurrency market witnessed a dramatic turn of events. Bybit, a major exchange, suffered a $1.4 ...
The cryptocurrency exchange Bybit recently announced that it has increased its reserves of Ether to 50% in order to enhance ...
I would support it because we already voted no on immutability in 2016, Hayes said on X. Others are worried that a potential ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
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