$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.
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Another crypto market crash is happening with Bitcoin, Ethereum, Solana, Dogecoin and the XRP price witnessing significant declines.
Dubai-based cryptocurrency exchange Bybit experienced a major hack where $1.5 billion in Ethereum was stolen from a wallet.
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