Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern
Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,
Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw hackers,
Crypto exchange Bybit says it was hacked and lost around $1.4B
Crypto exchange Bitby disclosed a breach that that amounts to a loss of $1.4 billion, the largest crypto theft of all time. © 2024 TechCrunch. All rights reserved. For personal use only.
Breaking: Could Bybit’s $1.4B Hack Have Been Stopped? Ledger, CZ React
Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance.
$1.5 billion crypto heist could be the biggest yet, more than doubling the previous record, but don't worry: The affected firm says it can take the hit
As reported by the BBC, Dubai-based crypto firm Bybit is down $1.5 billion in Ethereum after hackers compromised its digital wallet. If the hackers successfully make off with the dough, that would ...
Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Cryptocurrency exchange Bybit CEO Ben Zhou said the exchange has processed all withdrawals, and its system is “fully back to ...
Record $1.5 billion crypto heist hits exchange, Ethereum reserves drained
The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...
Security News This Week: $1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware ...
Big Day for Crypto Goes South in a Hurry After a Giant Hack
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...
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Crypto sent reeling by world’s biggest ever heist
The Lazarus Group has been implicated in several high-profile cryptocurrency thefts in recent years, including the $600 ...
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"How hackers stole over N2trn from ByBit": Crypto expert traces funds, gives info
ByBit lost over N2trn to crypto hack as their multisign wallet lost access to a team of hackers reportedly identified as the ...
Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated
Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures ...