To make matters worse, the attack leveraged ‘blind signing’. When approving the transactions, employees were effectively signing off on something they couldn’t fully see on their screen. The ...
real-time monitoring and training employees to recognize social engineering risks. Bybit’s response and the lessons from this ...
On February 21, 2025, a group of hackers from North Korea pulled off the largest cryptocurrency heist in history after stealing $1.5 billion in Ethereum tokens from the Dubai-based cryptocurrency ...
Bybit, a prominent cryptocurrency exchange, fell victim to a massive hack, resulting in the theft of over US$1.5 billion ...
Cryptocurrencies are incredibly safe data storage systems. They keep a detailed ledger of transactions wide open to the ...
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Cryptocurrency adoption: ByBit invests in blockchain education for Kenya, Africa at largeA Dubai-based crypto firm ByBit, in collaboration with African ... they will be responsible for training hundreds of thousands of young Africans on block chain education, and that again is one ...
The criminal entity that stole $1.4 billion worth of Ethereum ETH/USD from cryptocurrency exchange Bybit has laundered roughly 30% of the hacked funds. What happened: The hacker has washed about ...
The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds. The crypto ...
Cryptocurrency exchange Bybit has published a forensic review on last week's $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from ...
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now the company is offering a total of $140 ...
Importantly, Bybit acted swiftly to reassure customers ... Employees need better training - Cyberattack drills should be routine and phishing awareness training should be ongoing.
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