Liquidity crises happen when exchanges cannot meet withdrawal demands, often due to security breaches or financial ...
Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.
The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the ...
The latest Bybit news shows the exchange lost $1.4 billion in liquid-staked Ether after a security breach on one of its wallets. This comes during a rise in high-profile crypto breaches, with losses ...
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the ...
For years, Bybit had relied on the storage software, developed by a technology provider called Safe, even as other security firms sold more specialized tools for businesses. The hack sent crypto ...
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did it—and what’s next. Last week, news outlets worldwide reported ...
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale ...
Safe Wallet has released new details on its forensic investigation into the recent Bybit hack, conducted in collaboration ...
Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
The developer of SafeWallet has released a post-mortem report detailing the cybersecurity exploit that led to the $1.4 ...