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Bybit Beefs Up Asset Security Following $1.45B Hack
Finance Custody Bybit Hacks

Bybit Beefs Up Asset Security Following $1.45B Hack

The attack on Bybit in February, which saw nearly $1.5 billion worth of digital assets stolen, was the largest hack of a crypto exchange in dollar ...
Apr, 03, 2025
by CoinDesk
Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable
Markets Bybit Crypto Hack

Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable

Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
Mar, 04, 2025
by CoinDesk
THORChain Sees Record $4.6B Volume After Bybit's $1.4B Hack
Markets Bybit Thorchain

THORChain Sees Record $4.6B Volume After Bybit's $1.4B Hack

THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.
Mar, 04, 2025
by CoinDesk
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
Policy North Korea Bybit Hacks

FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds

The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
Feb, 27, 2025
by CoinDesk
Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack
Finance Hack Bybit Lazarus Group

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
Feb, 26, 2025
by CoinDesk