Did Ethereum’s Design Enable The Bybit Hack? Experts Clash
The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum’s design might have played a role. The theft of approximately 401,000 Ether (ETH)— orchestrated by the North Korean Lazarus Group—has raised questions about whether Ethereum’s complexity makes its ecosystem uniquely […]
Related News
On February 21, 2025, the North Korean hacking group Lazarus managed to steal approximately $1.5B worth of Ethereum. Despite the initial whiplash effect, the $1.5B Bybit hack could paradoxically boost the best meme coins in 2025 and beyond. Let’s dig into it. Evidence Emerges of Bybit Hack’s Sophistication Subsequent investigations showed that the hackers used […]
Around $280M of the total of $1.4B lost in the ByBit hack on February 21, 2025, has now become untraceable, reiterating the importance of non-custodial storage options like Best Wallet. Lessons from the Biggest Crypto Theft in History ByBit’s co-founder and CEO, Ben Zhou, was the first to inform the public of the initial breach in […]
In a significant security breach, Bybit, one of the leading cryptocurrency exchanges, found itself at the center of a devastating hack. The attackers made off with a staggering $1.5B worth of ETH, sending shockwaves throughout the crypto space. As crypto continues to gain popularity, incidents like this remind us of the importance of safeguarding our […]
Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks on Bybit.
Bybit Evergreen Campaign
Sounds like a good deal? No doubt it is.
Here’s the steps to follow:
Step 1: Register for an account on Bybit
Step 2: Verify identity via KYC Level 1
Step 3: Make a first-time deposit or trade....
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Related Reading: Grayscale’s Ethereum ETF On The Brink Of Major Change With NYSE’s Staking Proposal Ethereum Network Too […]