George FloresGeorge Flores

Bybit Hack: A Wake-Up Call for Cryptocurrency Security

In a shocking turn of events, the cryptocurrency sector is grappling with the aftermath of the largest digital asset heist in history, in which hackers reportedly linked to North Korea stole $1.5 billion from the Dubai-based exchange, Bybit.This unprecedented breach not only highlights the vulnerabilities within cryptocurrency exchanges but also signals a critical reassessment of ...

George FloresGeorge Flores

Bybit Ethereum Theft: $1.4 Billion Stolen in Hack

In a shocking turn of events, cryptocurrency exchange Bybit has fallen victim to a massive theft, with hackers orchestrating a sophisticated attack that resulted in the loss of approximately 401,346 Ethereum (ETH), valued at around $1.4 billion.This incident, confirmed by both crypto security firm Elliptic and researcher ZachXBT, marks the largest known theft in the ...