Ethereum falls amid Bybit hack concerns
Ethereum (ETH) traded around the $2,650 level, marking a 5% decline within the past 24 hours. This drop reflects traders' worries about potential further decreases after Friday's Bybit hack, which placed considerable downward pressure on the value of the world's second-largest cryptocurrency by market cap.
$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.
10mon MSN
A Dubai-based crypto exchange lost $1.5 billion to hackers in what is being called the biggest digital heist of all time.
The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, ...
The Bybit hack came into light on Friday when on-chain sleuth ZachXBT noted suspicious outflows of over $1.4 billion from the ...
The exchange reportedly replenished the Ethereum deficit through a combination of loans, whale deposits, and direct purchases ...
Ether (ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from ...
Dubai-based cryptocurrency exchange Bybit experienced a major hack where $1.5 billion in Ethereum was stolen from a wallet.
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a ...
Leading cryptocurrencies corrected sharply on Monday as the Bybit hack and President Donald Trump’s tariff threat weighed on ...
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