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Bybit Hit by $1.5 Billion Hack in Largest Crypto Theft Ever

Crypto prices dropped on Friday, with Bitcoin falling to nearly $97,000 and Ether dipping below $2,700 due to a security incident at Bybit.
Bybit confirmed a hacker stole over $1.46 billion worth of cryptocurrency from its ETH cold wallet, marking this incident as the largest cryptocurrency hack ever.
Bybit stated that all other cold wallets are secure, and its CEO assured that all client assets are backed 1 to 1 despite the loss.
A suspicious $1.4 billion ETH outflow prompted the security incident investigation by Bybit's team and external experts.

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telex.hu

Hackers steal $1.5 billion worth of cryptocurrency from one of the world's largest crypto exchanges

The value of the stolen crypto was approximately 577 billion forints, making this the largest digital theft in history.

6 hours ago

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Evening Standard

North Korean cybercriminals linked to massive $1.19bn crypto heist

Notorious North Korean hackers Lazarus Group are suspected to be behind the attack

7 hours ago·London, United Kingdom

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Latestly

Bybit Crypto Hacked: World’s 2nd Largest Cryptocurrency Exchange Loses USD 1.5 Billion Worth Digital Assets, Links Hackers to North Korea’s Lazarus Group | 📲 LatestLY

Bybit, the world’s second-largest cryptocurrency exchange, was hacked and it lost around USD 1.5 billion worth of digital assets. The crypto heist hackers were linked to North Korea’s Lazarus Group. 📲 Bybit Crypto Hacked: World’s 2nd Largest Cryptocurrency Exchange Loses USD 1.5 Billion Worth Digital Assets, Links Hackers to North Korea’s Lazarus Group.

13 hours ago

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The Korea Times

Are Korean crypto exchanges safe from NK cyberattack?

Following a massive hack Friday that targeted Bybit, one of the world's largest virtual asset exchanges, calls are growing for domestic cryptocurrency exchanges to strengthen their security against potential hacking attempts, industry experts said Sunday.

16 hours ago·Korea, Republic of

North Korean hackers suspected of being behind record US$1.5 billion hack of crypto exchange Bybit

Hackers affiliated with North Korea are believed to have carried out Friday’s (Feb 21) record US$1.5 billion hack of crypto exchange Bybit, according to security researchers. Cryptocurrency exchange Bybit said on Friday an attacker gained control of an ethereum (ETH) wallet and transferred around US$1.5

22 hours ago·Singapore

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Daily Express

North Korea believed to be behind £1bn ‘worst crypto theft in history'

Kim Jong-un's heartless cyber goons broke into an Ethereum wallet, wiping all of its contents in a brazen theft being dubbed the 'worst hack in history'.

1 day ago·United Kingdom

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