Bybit


Markets

Over $380M Worth of Crypto Stolen During Bybit's $1.4B Hack Has Gone Dark

The untraceable funds primarily flowed into mixers then through bridges to P2P and OTC platforms, Zhou said.

A notable portion of Bybit's hacked funds remain dark. (TheDigitalArtist/Pixabay)

Finance

Bybit Beefs Up Asset Security Following $1.45B Hack

The attack on Bybit in February, which saw nearly $1.5 billion worth of digital assets stolen, was the largest hack of a crypto exchange in dollar terms ever.

16:9 Security (LEEROY Agency/Pixabay)

Policy

How North Korea Launders Billions in Stolen Crypto

The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls.

Kim Jong-un, supreme leader of the Democratic People's Republic of Korea (Credit: Alexander Khitrov/Shutterstock)

Markets

Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable

Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.

A hooded figure sits typing on a laptop in a darkened (Pixabay)

Markets

THORChain Sees Record $4.6B Volume After Bybit's $1.4B Hack

THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.

Thor hammer (UnSplash)

Policy

FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds

The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.

FBI symbol on side of a building.

Finance

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

A hooded figure sits typing on a laptop in a darkened (Pixabay)

Markets

Bybit Declares ‘War on Lazarus’ as It Crowdsources Effort to Freeze Stolen Funds

The exchange is offering a 5% bounty for submissions that could lead to stolen funds being frozen.

Bybit logo

Markets

Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Bybit logo

Tech

Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen

Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.

(Jacob Lund/Shutterstock)

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