Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost US$1.5 billion worth of tokens in the biggest theft ever experienced in the industry. Read more at The Business Times.

Hackers stole $1.5 billion worth of Ethereum from Dubai-based crypto exchange Bybit in what is believed to be the largest digital heist to date. The breach occurred during a routine transfer from a cold wallet,

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

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

Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has insurance.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,

Lazarus Group, a notorious hacker group linked with the Northern Korean government, are back in action. The hacker group has stolen $1.5B.

Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history.