In a jaw-dropping development that has sent ripples through the cryptocurrency world, details surrounding the recent $1.46 billion Ethereum (ETH) hack at Bybit are beginning to surface. SlowMist, a leading blockchain security firm, has stepped into the spotlight, with its Chief Information Security Officer (CISO) offering a potentially game-changing insight into the mechanics of this […]
In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, security is paramount. When news of a potential hack targeting a major crypto exchange breaks, the community holds its breath. Recently, Bybit, a prominent player in the crypto exchange arena, faced such a challenge. But what […]
In the fast-paced and often turbulent world of cryptocurrency, trust and stability are paramount. Recent events have put crypto exchanges under the microscope, with users keenly observing their resilience in the face of market pressures. Amidst swirling rumors and market volatility, Bybit, a prominent crypto exchange, has emerged as a beacon of stability. Despite encountering […]
In a welcome relief for Bybit users and the wider crypto community, CEO Ben Zhou has declared the complete restoration of the exchange’s withdrawal system. This announcement, delivered via X, marks the end of a tense 12-hour period following a significant security incident. But what exactly happened, and what steps are Bybit taking to ensure […]
In a surprising turn of events that caught the attention of the crypto community, leading cryptocurrency exchange Bybit has announced a significant USDT transfer. CEO Ben Zhou took to X (formerly Twitter) to reveal that Bybit is moving a staggering $2.95 billion worth of USDT from its cold storage to a warm wallet. The sheer […]
The cryptocurrency world is buzzing with speculation after a significant crypto hack hit Bybit, resulting in a staggering $1.46 billion loss in ETH. Following this incident, eagle-eyed crypto observers noticed a substantial influx of ETH deposits into Bybit’s cold wallet, sparking rumors about who was providing liquidity support. The finger was quickly pointed at Binance, […]
In the fast-paced world of cryptocurrency, security breaches are a constant threat. Recent news surrounding Bybit, a prominent crypto exchange, sent ripples through the market. However, amidst concerns, Bybit CEO Ben Zhou has stepped forward to deliver a message of resilience and operational continuity. Let’s dive into the details of the recent incident and Bybit’s […]
Hold onto your hats, crypto enthusiasts! The digital world is buzzing after a staggering $1.4 billion Ethereum (ETH) heist at Bybit. This isn’t just another hack; it’s a colossal event that’s sending shockwaves through the crypto community and igniting a fiery debate about the very foundations of blockchain technology. Could this be the event that […]
The cryptocurrency world is once again on high alert as news breaks of a significant security incident at Bybit, a leading crypto exchange. Blockchain analytics firm LookOnChain’s recent report on X has sent ripples through the digital asset community, revealing a staggering Bybit hack that allegedly wiped out a substantial portion of the exchange’s reserves. […]
Hold onto your crypto wallets, folks! The cryptocurrency world is buzzing with news of a potential massive security breach, and the whispers are pointing fingers at a notorious culprit. Could North Korea’s infamous Lazarus Group be behind a staggering $1.4 billion cold wallet hack targeting the popular crypto exchange Bybit? That’s the alarming claim from […]
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