Bybit

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    FBI confirms Lazarus hackers were behind $1.5B Bybit crypto heist

    FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now. The state-sponsored hacking group (tracked as TraderTraitor, Lazarus Group, and APT38) intercepted a scheduled transfer of funds from one of Bybit’s cold wallets into a hot wallet, subsequently redirecting the cryptocurrency to a blockchain address under…

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  • Blog

    $1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever

    Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits. Zhou…

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  • Blog

    Hacker steals record $1.46 billion from Bybit ETH cold wallet

    Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. “The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the…

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