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The attack targeted Bybit's Ethereum multisignature cold wallet and has been linked to a vulnerability in Safe{Wallet}'s infrastructure, according to a forensic report by security firm Sygnia.
This figure dropped by 0.5% immediately after the Bybit hack, he added. ... Staking involves locking up Ether as collateral with a validator on the Ethereum blockchain network.
The Bybit hack sparked one of the biggest recent debates in crypto, not just about security but also about Ethereum’s core principles. Some argue that a rollback could protect users, prevent ...
Blockchain analytics firm Lookonchain estimates that Bybit obtained approximately 446,870 Ether, valued at $1.23 billion, through a mix of loans, whale deposits and direct purchases. This amount ...
Bybit, one of the world's largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms.
The hacker behind the $49.5 million Infini exploit has resurfaced, moving 4,770 ETH worth $16 million as Ethereum rallies.
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Bybit exchange repays 40,000 ETH post-hack loan from Bitget - MSNBybit exchange refunds Bitget’s 40,000 Ethereum loan days after hack Bybit exchange reported it had suffered from a hack that saw it lose $1.5 billion worth of cryptocurrency on February 21.
Advocates cite Ethereum’s 2016 DAO hack, which partitioned the Ethereum blockchain network, as evidence the network can withstand such changes. Critics, however, have pointed out that this event ...
Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?
Cryptocurrency exchange Bybit has suffered what is believed to be the largest digital theft in history, losing US$1.5 billion worth of Ethereum to hackers this past Friday (February 21).
Meanwhile, on-chain data shows that BNB Chain handled $14 billion in daily decentralized exchange volume, surpassing Ethereum and Solana combined.
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 ...
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