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.
The Lazarus Group moved 10,000 Ether (ETH), valued at $27 million, to a wallet labeled Bybit Exploiter 54 on Feb. 22 to ...
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Ethereum core developer rejects calls for rollback after Bybit’s hack, citing “ripple effects”Ethereum core developer Tim Beiko has cautioned against any potential move to roll back the Ethereum network despite growing ...
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...
Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine ...
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North Korea’s Lazarus Group exposed as the group behind Bybit hackBybit got ripped apart by hackers today, and now we know exactly who did it. The infamous Lazarus Group, North Korea’s ...
Cryptocurrency exchange Bybit has suffered the largest hack in crypto history, losing more than $1.4 billion in liquid-staked ...
Learn about the crypto exchange cooperation as Binance and Bitget transfer 50K ETH to Bybit after a major security breach.
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Bybit launches $140 million recovery bounty program for stolen $1.5 billionBybit is putting $140 million on the table for anyone who can help recover the $1.5 billion in stolen crypto from the biggest ...
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