Bybit has already paid out $2.2 million for “bounty hunters” who can provide valuable information on the Lazarus Group’s transaction patterns related to the stolen funds. The lion’s share of the ...
In a livestream, Bybit’s CEO stated that 70% of transactions have successfully gone through, though some users may experience delays due to network congestion. Following the high-profile hack that ...
Cryptocurrency exchange Bybit has published a forensic review on last week's $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from ...
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 ...
The Bybit cryptocurrency exchange said it was hacked on Friday. Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion. Analysts say it may be the biggest crypto hack ever. Here's what we ...
The incident underscores how attackers can leverage seemingly secure third-party wallet infrastructure to manipulate high-value transactions. A carefully injected piece of malicious code in a trusted ...
THORChain, a decentralized protocol enabling users to swap cryptocurrencies across various blockchains, has seen what can be described as an unwanted windfall after the Bybit hack. The protocol ...