Dubai Crypto Exchange Bybit Hacked For $1.44 Billion ETH By Lazarus Group, But CEO Confirms Losses Will Be Covered With Bridge Loan
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. (Photo by KARIM SAHI
Here’s everything we know about Bybit’s $1.4 billion ETH hack, its Lazarus links
Bybit’s $1.4 billion Ethereum hack has been reportedly linked to the notorious Lazarus group. As expected, this triggered a withdrawal frenzy as investors exited the crypto exchange en masse. In fact, according to Bybit’s founder and CEO Ben Zhou, the exchange saw record withdrawal requests, but they were all handled smoothly.
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Bybit Hack Largest In Crypto History After $1.5B In ETH Stolen; Can Remittix and Cardano March Catalysts Save The Market?The Ethereum price is again under pressure after Bybit snatched $1.5 billion in ETH in the largest hack in crypto history.
Bybit has fallen victim today to one of the largest crypto hacks ever recorded, with hackers reportedly stealing over $1.4 ...
Ether may recover above $3,000 due to added buying pressure from Bybit as it replenishes its Ether reserves after the $1.4 ...
On February 21, the cryptocurrency market witnessed a dramatic turn of events. Bybit, a major exchange, suffered a $1.4 ...
Bybit has demonstrated financial resilience despite suffering a massive $1.4 billion hack and witnessing a $5.3 billion drop ...
Over 405,000 ETH, valued at approximately $1.1 billion, were drained from the exchange and subsequently dispersed across ...
The cryptocurrency exchange Bybit recently announced that it has increased its reserves of Ether to 50% in order to enhance ...
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty ...
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