Bybit Suffers .5 Billion Cryptocurrency Hack: Biggest Theft in History

Bybit Suffers $1.5 Billion Cryptocurrency Hack: Biggest Theft in History

Cryptocurrency exchange Bybit recently fell victim to a staggering $1.5 billion hack, marking the largest cryptocurrency theft ever recorded. The attack, which targeted a supposedly secure “cold wallet” used for ether tokens, has sent shockwaves through the industry. Bybit CEO Ben Zhou confirmed the breach last week and emphasized that cold wallets (typically stored offline…

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