"Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss," the company's chief executive officer Ben Zhou said in a post on X.

The investigation continues, with efforts focused on understanding the full scope of the attackers’ actions and identifying any remaining vulnerabilities within Safe{Wallet}’s infrastructure. LAZARUS ...

North Korea’s Lazarus Group intensified efforts to launder funds from Bybit following what is considered the largest crypto hack in history at $1.4 billion. The cyberattackers moved another 62,200 ETH ...

It’s well filmed, and as with any HD video, you can see real detail. But as you watch, you may see something a little out of the ordinary. It’s got noise, a little bit of distortion ...

Update, March 8, 10:30 am UTC: This article has been updated to include new information confirming that the 1inch hacker returned most of the stolen funds after negotiations. Decentralized ...

The US Federal Bureau of Investigation (FBI) has now warned of a new ransomware hacker group from China called "Ghost." The FBI and CISA's warning also states that Ghost is now one of the top ...

The move follows the Feb. 21 Bybit hack, the largest crypto exchange breach in history. Blockchain investigators, analytics firms, crypto exchanges and network protocols have since worked together ...

These tools, however, often operate in silos, creating fragmented and occasionally contradictory reports. Let's look at a practical example. Conside... Cybercriminals don't just hack systems—they hack ...

A wolf in lamb’s clothing. The thieves could have made more by shorting all crypto-currencies than from the hack itself, as $300 billion of value was wiped out in the next day or two.

The landscape has changed since then, and the nature of what data is considered valuable info to hack or steal is also ... Fortune magazine reported that Home Depot (HD) ended up paying $25 ...

Bybit hack drains $1.4B in ETH, causing $700M in withdrawals and triggering a 0.80% market dip to $3.2T. Malicious contract exploited Bybit's multi-signature cold wallet, draining ETH via backdoor ...

Cryptocurrency exchange Bybit successfully covered its $1.46 billion loss from a recent hacker attack through a combination of loans ... Using a Merkle tree system, the report will verify that all ...