ByBit Breach: $1.5 Billion in Funds Stolen as Exchange Vows to Return Customer Assets
The world’s second-largest cryptocurrency exchange by trading volume, ByBit, was hacked last Friday, resulting in the theft of Ethereum ecosystem digital assets valued at US$1.5 billion (AU$2.3b). This hack is now considered the single largest crypto theft in history. According to Bybit’s CEO, Ben Zhou, the breach occurred during a routine transfer of assets from […]
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