Articles for tag: Bybit, cold wallet hack, cryptocurrency theft, digital asset security, Ethereum breach, financial cybercrime, Lazarus Group

Market News

Bybit Acknowledges $1.46 Billion Crypto Theft in Major Cold Wallet Security Breach

In a recent revelation, cryptocurrency exchange Bybit disclosed a sophisticated attack that resulted in the theft of over $1.46 billion in digital assets from its Ethereum cold wallet, marking the largest crypto heist in history. The breach occurred during a transfer meant for Bybit’s warm wallet, where the attack manipulated the transaction process while appearing ...

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