Bybit reported a breach involving one of its ETH cold wallets, triggered by a manipulated transfer. In response to the breach ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In post on X, Bybit says a "sophisticated attack" enabled ...
When North Korean hacker group Lazarus stole nearly $1.5 billion worth of ethereum tokens from crypto exchange Bybit, one question was: How? The tokens were stored in cold wallets, unconnected to the ...
The incident underscores how attackers can leverage seemingly secure third-party wallet infrastructure to manipulate high-value transactions. A carefully injected piece of malicious code in a trusted ...
On Feb. 21, 2025, attackers exploited vulnerabilities in Bybit’s cold wallet infrastructure, siphoning off $1.5 billion in Ethereum in the largest exchange hack to date. Investigations linked the ...
Bybit is processing withdrawals but secured an emergency bridge loan to address liquidity issues from the security breach. The hack affected only Bybit’s Ethereum cold wallet, while all other wallets, ...
Built upon cutting-edge Multiparty Computation (MPC) technology, Keyless Wallet empowers users with ultimate control over their assets, eliminating the need for vulnerable private keys and third-party ...
A series of third-party forensic investigations into the recent Bybit exploit revealed that compromised SafeWallet credentials led to more than $1.4 billion worth of Ether (ETH) being stolen by North ...
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