Crypto exchanges freeze $42 million in stolen funds

Bybit’s $1.5B hack linked to North Korea’s Lazarus group
Investigation revealed that BingX, & Phemex hacks were also connected to the same cluster as Bybit's, confirming the threat actor’s identity as the Lazarus group.
Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist
Bybit said it successfully navigated the biggest cryptocurrency heist ever recorded, in which hackers stole about $1.5B in digital assets from the crypto exchange's ethereum cold wallet. Hackers stole over 400,
Bybit hack update: Crypto exchanges freeze $42 million in stolen funds
The crypto industry is rallying to recover funds stolen in the $1.5 billion Bybit hack, with exchanges freezing nearly $43 million just two days after the attack. A coordinated effort among centralized and decentralized platforms has led to the swift blacklisting of hacker-linked addresses,
$1.5B in cryptocurrency stolen from Bybit in attack linked to North Korean hackers
Bybit is a well-known cryptocurrency exchange with more than 60 million users. It’s regularly ranked among the top five cryptocurrency exchanges online by volume. The hack was disclosed on Feb. 21. The company said an attacker gained control of an Ethereum wallet and transferred the holdings in the wallet to an unknown address.
Bybit loses $1. 5bn as hackers strike
In what could be the largest cryptocurrency theft in history, Dubai-based crypto exchange Bybit reported that hackers stole $1. 5 billion worth of Ethereum from its digital wallet. The attack has shaken investor confidence and reignited concerns over crypto security.
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
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Bybit’s $1.46B Hack: Recovery Efforts Begin as North Korean Laundering Operation Unfolds
North Korean hackers have begun laundering $140 million of the $1.46 billion stolen from Bybit through anonymous exchanges ...
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Crypto & NFT Market Bybit Closes ‘ETH Gap’ Left After $1.5B Hack
Bybit Web3, one of the world’s most visited crypto exchanges and an NFT marketplace, has closed the liquidity gap left after ...
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Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets and has fully closed the “ether gap” it faced after an unprecedented ...
Business Times44m
Bybit hit by crypto’s worst hack with almost US$1.5 billion stolen
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost US$1.5 billion worth of ...
Crypto hit by largest hack ever as Bybit loses $1.4 billion – Ethereum traders liquidated
Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures ...
Latest On The Bybit Record Breaking 1.4 Billion Dollar Crypto Hack
Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers ...
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of ...
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Bybit Closes Ethereum Deficit With $1.23 Billion Post-Hack Purchase: CEO
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
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Bybit Hack Proceeds May Now Be Routed Through Mixers: Elliptic
Hackers may launder Bybit’s $1.4B stolen funds through crypto mixers, but the large volume could complicate the process, ...
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of ...
Bitcoin, Dogecoin Struggle, Ethereum Gains Amid Grim Crypto Sentiment After Bybit's Billion-Dollar Hack: Analyst Says 'Still Time Left In The Cycle'
Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on ...