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North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM.

Customers immediately rushed to withdraw their assets from Bybit, with the exchange processing over 350,000 withdrawal requests within 12 hours of the hack. "Bybit's 1:1 reserve guarantee ensured ...

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Many others also joked about how they plan to use the helpful hack for their partners, adult children and teenagers. While some people were charmed by the video, others were more critical.

The Bybit hack, however, would represent the most expensive exploit in the crypto industry’s history, far exceeding the roughly $600 million removed in a 2022 hack of Ronin Bridge. Blockchain ...

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN. The hack hit Bybit, which describes ...

He noted that "all other cold wallets are secure" and withdrawals were working normally following the hack. Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago.

The Wall Street Journal viewed an excerpt of the book, which will be released next month, and verified the hack.

WASHINGTON, Feb 26 (Reuters) - The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from ...

“The brutal sell-off happening in crypto is not unexpected, considering we’ve just seen the biggest hack in our history — if not the history of all financial markets,” said Charles ...