ZachXBT Ties Lazarus Group to Bybit Hack On-chain researcher ZachXBT has pointed to North Korea’s Lazarus Group as the culprit behind the recent Bybit hack. $1.46 billion in staked Ether and other ERC-20 tokens were stolen. Arkham Intelligence reported that ZachXBT provided irrefutable evidence linking the attack to the Lazarus
Pi Network recently addressed controversy over its legitimacy following accusations by Bybit CEO Ben Zhou. Zhou cited a 2023 warning from Chinese police. He claimed it was involved in fraud, targeting early investors and compromising user data. These comments caused PI Coin’s value to drop by more than 50% as
The Bybit hack worth $1.4 billion sent waves across the crypto industry. Hackers are coming up with the most advanced types of scams no matter how secure crypto exchanges are. To reverse the damage, Arthur Heyes suggested rolling back the Ethereum network to Vitalik Buterin on X. .@VitalikButerin will you
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more than 3.30%, raising concerns about further volatility. The hacker drained roughly 401,000 ETH worth $1.4 billion from Bybit’s cold wallets.
Bybit, one of the leading cryptocurrency exchanges, had a calamitous hack last Friday, during which about 401,000 ETH worth $1.4 billion was stolen. This has become the largest recorded heist in history. Ben Zhou, Bybit co-founder and CEO confirmed that the breach happened due to an advanced attack that exploited
Bybit is making rounds across the crypto media with its bold move of making liquidation data public. This marks the first time an exchange makes all of its liquidation data accessible to the public. Bybit established a new standard with this move in terms of transparency amidst increasing scams and
The Bybit Physical Card is the newest development in crypto-friendly spending from Bybit, the second-largest cryptocurrency exchange in the world based on trading volume. With its worldwide reach and features designed for both novice and seasoned cryptocurrency users, this development increases consumers’ accessibility and convenience while spending crypto. Global Spending Made
Bybit, the world’s second-largest cryptocurrency exchange in terms of trading volume, hosted an exciting livestream with the title “Web3 Roasts: Are AI Memes Just Hype or the Real Deal?” The event brought together prominent figures in the fields of Web3 and artificial intelligence. During the event, participants defended their ideas and handled
Bybit crypto exchange has finally registered with Indian financial regulator FIU after facing compliance issues. Referring to the same, CEO Ben Zhou posted on X saying this is good news for Indian users. Despite being the top-second crypto exchange in the world by trading volume, Bybit had to face a
Bybit has officially launched Bybit Pay in Brazil, integrating with Pix, the country’s popular instant payment system. This new solution enables users to make payments using both cryptocurrencies and Brazilian reais. With over 60 million users worldwide, Bybit aims to streamline crypto payments in everyday transactions, offering a flexible and
