A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said ...

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 ...

While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit ...

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 ...

Bybit, established in 2018 by CEO Ben Zhou, has rapidly ascended to prominence in the cryptocurrency exchange landscape. Headquartered in Dubai, United Arab Emirates, Bybit offers a comprehensive ...

Bybit is widely recognized as a leading cryptocurrency exchange thanks to competitive maker/taker fees and a broad mix of contract types. Still, many newcomers first ask a simple question: whether ...

European crypto regulators are scrutinizing the use of a service offered by OKX, one of the largest digital-asset exchanges, by hackers to launder proceeds from a $1.5 billion heist on trading ...

Bybit, one of the largest crypto exchanges in the world, said Friday that a hacker took control of one of its digital wallets holding ether and transferred all the tokens to an unidentified address.

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 ...

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 ...

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 ...