Dubai-based cryptocurrency exchange Bybit Technology Ltd. has been hacked, with some $1.5 billion in cryptocurrency stolen in what is believed to be the largest single theft in cryptocurrency history.

Bybit has already paid out $2.2 million for “bounty hunters” who can provide valuable information on the Lazarus Group’s transaction patterns related to the stolen funds. The lion’s share of the ...

Several executives from the crypto exchange Bybit had changed positions after a flawed airdrop resulted in over $26 million in compensation to users. Reports of leadership changes in the exchange ...

the reputation of a cold wallet as the most secure element in the custody of digital assets. It was thought that a Multisig cold wallet would be more secure than a wallet controlled by a single person ...

Cryptocurrency exchange Bybit has published a forensic review on last week's $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from ...

Binance founder Changpeng Zhao (CZ) has recommended that Bybit should halt withdrawals as a security precaution following Friday's $1.5 billion hack. "Not an easy situation to deal with. Might suggest ...

DUBAI, United Arab Emirates, March 24, 2025 (EZ Newswire) -- Bybit, the second-largest cryptocurrency exchange by trading volume, has launched its 2025 strategy to empower crypto traders. Ben Zhou, co ...