Shocking Bybit Hack: $1.4 Billion Crypto Reserves Vanish in Major Security Breach
Blockchain News

Shocking Bybit Hack: $1.4 Billion Crypto Reserves Vanish in Major Security Breach

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. […]

Urgent Security Alert: Safe and Bybit Launch Probe, Temporarily Pause Wallet Features
Blockchain News

Urgent Security Alert: Safe and Bybit Launch Probe, Temporarily Pause Wallet Features

In a proactive move to safeguard user assets, Safe, a prominent self-custody wallet provider, has announced a collaborative security probe with cryptocurrency exchange giant, Bybit. This news, surfacing directly from Safe’s official X (formerly Twitter) account, has sent ripples through the crypto community, highlighting the ever-present need for robust crypto security measures. While the investigation […]

Bybit's Bold Declaration: CEO Confirms Exchange Solvency After Cyber Attack
Blockchain News

Bybit’s Bold Declaration: CEO Confirms Exchange Solvency After Cyber Attack

In the fast-paced world of cryptocurrency, trust is paramount. Recent news of a hack targeting Bybit, a leading crypto exchange, sent ripples of concern through the community. Users naturally questioned the platform’s stability and the safety of their assets. However, Bybit CEO Ben Zhou swiftly stepped forward to address these concerns head-on, issuing a powerful […]

Urgent Crypto Alert: Phemex Hackers Unload Stolen $85M, Funnel Funds via Tornado Cash
Blockchain News

Urgent Crypto Alert: Phemex Hackers Unload Stolen $85M, Funnel Funds via Tornado Cash

In a shocking development following the recent $85 million Phemex exploit, the perpetrators have begun to move the pilfered cryptocurrency. Crypto enthusiasts and security experts are on high alert as over 2,080 ETH, valued at approximately $6 million, has been transferred from the initial hack wallets to 14 newly created addresses. What’s even more concerning […]