The $1.5B Bybit hack isn’t just another crypto breach, it’s a wake-up call for the entire industry. Even cold wallets and ...

he argued that Binance’s experience in 2019—when withdrawals were paused for a week after a $40 million loss—ultimately led to greater security as deposits resumed at higher levels. Bybit ...

Bybit is no longer among the top three centralized exchanges by trading volume after the $1.4 billion Lazarus Group hack led to a massive decline in its market share. According to data from the ...

However, Binance founder Changpeng Zhao, whose exchange has been hit with multiple hacks, cautioned Bybit to temporarily stop withdrawals: “$1.5 billion is fear enough. Better to be safe than ...

Onchain data showed Bybit receiving approximately 100,000 ETH of inflows from crypto exchanges Binance and Bitget soon after the hack. Binance co-founder and former CEO Changpeng Zhao stated that ...

On-chain data shows that wallet addresses linked to Bybit interacted with Binance and MEXC to facilitate these transactions. Ether Plunges, then Rebounds as Bybit Restores Operations Ethereum (ETH ...

Binance founder Changpeng Zhao (CZ) has urged Bybit to freeze withdrawals following a massive $1.5 billion hack. He emphasized the urgency of taking immediate security measures, stating ...

Bybit, the second-largest crypto exchange by trading volume behind Binance, said that it has lost almost $1.5 billion in a hack on Friday. The theft is the biggest in the history of the industry ...

Crypto industry leaders and exchanges also rushed to assist Bybit with emergency transfers, including 50,000 Ether from Binance, 40,000 Ether from Bitget and 10,000 Ether from Du Jun, co-founder ...

The scale of the Bybit hack surpasses the $570M worth of Binance BNB (BNB-USD) stolen in 2022 and over $610M in crypto stolen from Poly Network in 2021. "Despite this unprecedented breach ...

Dubai-headquartered Bybit, the world's second-largest exchange behind Binance, said last week hackers had stolen digital tokens worth around $1.5 billion. Blockchain research firm Elliptic said ...