All news on the topic: Bybit

The occurrence of crimes involving digital assets is increasing rapidly, with projected losses for 2025 expected to exceed the highest years of crypto-related theft.

Greek law enforcement cracks down on crypto crime, recovers funds from Bybit hack using cutting-edge blockchain analytics.

Despite the rising amount of untraceable assets, Bybit said it is still tracking $960 million from the stolen Ethereum.

A primary contributor by the name of TCB cautioned that Thorchain might encounter a crisis if the network is perceived as a facilitator of money laundering.

The initiative occurs as hackers launder over $250 million of the $1.4 billion stolen from the exchange on February 21.

On February 21, an unprecedented event took place: a sophisticated cyberattack on the Bybit exchange led to the theft of approximately $1.46 billion in Ethereum (ETH) and related tokens.

Cryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history.

Cryptocurrency exchange Bybit said on Friday that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address.