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A cryptocurrency hacker has processed 96,500 ETH stolen from Bybit exchange, according to blockchain analysis. The rapid laundering operation occurred within the past 24 hours. Blockchain analyst Ember reports the hacker initially stole approximately 499,000 ETH in the security breach. The remaining

The cryptocurrency security company Safe Wallet has confirmed its infrastructure was exploited during the recent $1.5bn Bybit hack. The breach stemmed from a compromised developer machine that processed a disguised malicious transaction. "The forensic review of external security researchers did NOT

A devastating hack of cryptocurrency exchange Bybit has reignited concerns about blockchain security. North Korea's Lazarus Group successfully extracted $1.5 billion worth of digital assets last week. The theft of 401,000 ETH has become one of the largest cryptocurrency heists in history. The attack

Cryptocurrency exchange Bybit has successfully replaced $1.4bn worth of Ethereum stolen in last week's unprecedented cyber attack. The exchange executed a series of rapid purchases across multiple venues to restore its reserves. Chief executive Ben Zhou confirmed the full restoration of client asset

In the largest cryptocurrency heist to date, Seychelles-based exchange Bybit lost approximately $1.5 billion in Ethereum (ETH) on February 21, 2025, due to a sophisticated hack by North Korean-linked hackers. The breach, confirmed by Bybit’s CEO Ben Zhou, marks a significant escalation in cybercrime