Bybit and the SafeWallet developer confirmed that North Korea’s Lazarus Group was behind the attack. A series of third-party forensic investigations into the recent Bybit exploit revealed that ...
Despite growing calls from the crypto industry to roll back the Ethereum network to its pre-Feb. 21 state, before the Lazarus Group’s $1.5 billion hack on crypto exchange Bybit, Ethereum core ...
Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday. “This and ...
In a recent update shared via X, Bybit CEO Ben Zhou revealed that approximately 27.59% of the $1.4 billion in cryptocurrency stolen from the exchange has become untraceable, marking a significant ...
When North Korean hacker group Lazarus stole nearly $1.5 billion worth of ethereum tokens from crypto exchange Bybit, one question was: How? The tokens were stored in cold wallets, unconnected to the ...
The recent security breach for around $1.5 billion at Bybit, the world's second-largest cryptocurrency exchange by trading volume, sent ripples through the digital asset community. With $20 billion in ...
the reputation of a cold wallet as the most secure element in the custody of digital assets. It was thought that a Multisig cold wallet would be more secure than a wallet controlled by a single person ...
Crypto theft is on the rise, with the first quarter of 2025 reportedly breaking the record for the highest amount of digital assets stolen in history, according to CertiK. The blockchain security firm ...
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
In light of the $1.5B hack, which drained the exchange’s Ethereum (ETH) cold wallet, Bybit claims it remains solvent. However ...
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