The $1.5B Bybit Hack: Protect Your Assets with Best Wallet Token
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 […]
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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 […]
The famous crypto firm and exchange, Bybit, has been hit by possibly the biggest crypto theft in history. The Dubai-based company said that hackers managed to steal $1.5B worth of digital currency. The attack, which was apparently carried out by North Korea’s Lazarus Group, was a highly sophisticated one. Perpetrators were able to intercept a transaction taking place from the exchange’s cold wallet to the warm one. They manipulated the transaction’s signing interface and quickly diverted 401,000 $ETH to an unidentified address. Ironically, the breach affected Bybit’s cold....
Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets and liquidated on […]
In a development that could have a significant impact on the Ethereum price, cryptocurrency exchange Bybit has confirmed a major security breach involving its ETH cold wallet. In a recent post on social media platform X (formerly Twitter), the exchange revealed that the incident reportedly occurred during a transfer from the ETH multisig cold wallet […]
In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet. The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s Lazarus Group According to Bybit, the breach occurred during a transfer from their ETH multisig cold wallet to a warm wallet. The exchange revealed on social media platform X (formerly Twitter) that the attack was executed through a....