Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

In response, Bybit CEO Ben Zhou announced efforts to recover the stolen assets, including launching a bounty program, collaborating with law enforcement, and engaging with the Ethereum Foundation to ...

Bybit suffered one of the largest crypto thefts in history, with $1.5 billion stolen from its cold wallet during a routine ...

Bybit’s $1.4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain ...

The cryptocurrency market faced a dramatic turn of events on Friday, shifting from celebration to crisis in just a few hours. Coinbase, the largest U.S.-based crypto exchange, had just announced a ...

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to ...

The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around ...

Bybit, a major cryptocurrency exchange based in Dubai recently announced it had been hacked, losing $1.5 billion worth of the ...

Hackers have stolen $1.5 billion in the biggest cryptocurrency heist. The attack targeted a cold wallet during a routine ...

The price of the world’s second-largest cryptocurrency, ether (ETH), has risen by more than 2.3% in the last 24 hours, while the broader CoinDesk ...

Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange. Cryptocurrency ...