Bybit Hack
Bybit’s ETH cold wallet exploited for $1.46b. The attack on Feb. 21 may be the largest-ever exploit against a single crypto exchange. At $1.46 billion, the amount stolen accounts for more than 50% of the total crypto value siphoned in 2024.
Full Coverage
Bybit hacker split $1.4b loot into over 40 wallets: Nansen
The scale of the staggering $1.4 billion hack on crypto exchange Bybit will undoubtedly unfold in coming days and weeks. However, as Bybit, industry players such as other exchanges and blockchain sleuths work out on unmasking the hacker, on-chain data…
Ethena Labs reveals zero unrealized PNL exposure to Bybit
Ethena Labs has provided an update confirming that its unrealized PNL exposure to the hacked crypto exchange Bybit is now zero. The update follows an earlier post in which the Ethereum-based synthetic dollar protocol reassured users that its USDe stablecoin…
ByBit CEO: ‘We can cover 100% of the stolen Ethereum’
Ben Zhou, ByBit CEO, assured the public that user funds were safe and the platform could cover losses from the largest crypto exchange hack in history.
Safe wallet pauses certain functionalities after Bybit hack
Ethereum multisig wallet Safe has announced it is temporarily halting certain functionalities as the post-mortem of the $1.4 billion Bybit hack on Feb. 21 begins. Safe said in an update that the wallet’s security team had not found any evidence…
Bybit’s ETH cold wallet exploited for $1.46b
Bybit confirmed its multi-sig cold wallet was breached hours after the crypto exchange increased access to liquidation data for transparency.
