Latest News and Articles about Bybit
Novogratz Opposes Ethereum Hard Fork After $1.5B Bybit Hack, Urges Action Against Lazarus Group
Billionaire Novogratz Rejects Calls For Ethereum Hard Fork After Crypto’s Biggest Hack, Urges Action Against Lazarus Group – Lazarus Group hacks Bybit, stealing $1.5B in ETH – Novogratz opposes Ethereum hard fork proposal – Calls for world leaders to tackle Lazarus Group – Ether’s price drops over 7% post-hack The cryptocurrency world was shaken to […]
Read MoreBybit CEO Confirms Solvency After $1.4B Hack: Largest Crypto Heist Ever
Bybit CEO Affirms Solvency After Record-Breaking $1.4 Billion Hack Bybit, a leading cryptocurrency exchange, faced an unprecedented security breach, resulting in the theft of approximately $1.46 billion in Ethereum (ETH) and staked Ethereum (stETH). Despite this massive heist, Bybit CEO Ben Zhou swiftly reassured users of the exchange’s solvency and its ability to cover the […]
Read MorePump.fun Blocks Bybit Hacker’s $26M Memecoin Laundering Attempt
Pump.fun Thwarts Bybit Hacker’s $26 Million Money Laundering Scheme with Memecoins Pump.fun, a platform at the forefront of memecoin innovation, recently took bold action to block a hacker linked to the massive Bybit exploit from launching tokens on their platform. This decisive move prevented the laundering of over $26 million in stolen funds through a […]
Read MoreWazirX Withdraws ₹606 Crore from Bybit Post $1.5B Hack: Users Left in the Dark
WazirX Secretly Moves Funds Out of Bybit Post $1.5 Billion Hack: No Explanation Provided If you’re a WazirX user, you might be feeling left in the dark. Following the massive $1.5 billion Bybit hack on February 21, 2025, WazirX clandestinely withdrew ₹606 crore from Bybit, leaving its users with more questions than answers. Bybit hack […]
Read MoreLazarus Group Exploits QinShihuang Meme Coin to Launder $26M from Bybit
Lazarus Group’s QinShihuang Meme Coin: A $26M Laundering Scheme from Bybit Heist North Korea’s Lazarus Group has once again exploited the crypto world, this time using the QinShihuang meme coin to wash away $26 million of the nearly $1.5 billion they stole from Bybit. On-chain investigator ZachXBT’s detailed tracking of transactions across multiple blockchains exposed […]
Read MoreBybit Recovers Nearly 50% of Ether Reserves Post-$1.5B Hack Linked to Lazarus Group
Bybit Bounces Back: Restores Nearly Half of Ether Reserves After $1.5 Billion Hack In a stunning display of resilience, Bybit bounced back from a $1.5 billion hack in just two days, thanks to the crypto community’s solidarity. The exchange has restored nearly half of its Ether (ETH) reserves through OTC purchases and emergency transfers, showcasing […]
Read MoreBybit Hack: $1.4B Stolen, mETH and Tether Freeze Assets, $140M Bounty Offered
mETH Protocol and Tether Lead Campaign to Freeze Bybit Hackers’ Bounty Bybit, a major cryptocurrency exchange, was hit with a massive $1.4 billion hack involving Ethereum (ETH) and staked Ethereum (stETH). The crypto community, led by mETH Protocol and Tether, has swiftly mobilized to freeze the stolen assets and support recovery efforts. Bybit, showing resilience, […]
Read MoreCZ Warns Exchanges After $1.4B Bybit Hack: Pause Withdrawals to Combat Lazarus Group Attacks
CZ Warns Crypto Exchanges of Hack Targeting Multi-Sig Cold Storage After Bybit Hack In a significant security breach, Bybit suffered a hack resulting in the theft of over $1.4 billion in cryptocurrency, prompting a stern warning from Changpeng Zhao (CZ), the former CEO of Binance. CZ has highlighted a new hacking pattern targeting multi-signature (multi-sig) […]
Read MoreBybit’s $5.7M Payroll Fraud Exposed: Ho Kai Xin’s Lavish Spending and Legal Consequences
Bybit’s $5.7M Payroll Fraud Scandal: A Cautionary Tale of Cryptocurrency’s Dark Side Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nearly a decade in prison for embezzling over $5.7 million from Bybit Fintech. This case exposes the vulnerabilities in cryptocurrency payroll systems and serves as a […]
Read MoreNorth Korea’s Lazarus Group Orchestrates Record $1.5B Bybit Hack
North Korea’s Lazarus Group Exposed as the Mastermind Behind Bybit’s $1.5 Billion Hack The cryptocurrency world was rocked by a staggering revelation: the notorious Lazarus Group, backed by North Korea, orchestrated the largest crypto theft in history. This $1.5 billion heist on Bybit not only eclipses all previous exploits but also casts a glaring light […]
Read MoreBybit Suffers $1.5B Ethereum Hack: Crypto Security Under Scrutiny
Bybit Hit by Massive $1.5 Billion Ethereum Hack: A Wake-Up Call for Crypto Security Bybit, a leading cryptocurrency exchange, has suffered a massive security breach, with nearly $1.5 billion in Ethereum stolen from one of its cold wallets—a secure, offline storage method for digital assets. The incident, one of the largest digital heists in history, […]
Read MoreHo Kai Xin Jailed for 9 Years After $4M ByBit Fraud: A Wake-Up Call for Crypto Security
ByBit Fraudster Ho Kai Xin Sentenced to Nearly a Decade in Prison for $4 Million Crypto Heist Ho Kai Xin, a 32-year-old Singaporean woman, has been sentenced to nearly a decade behind bars for defrauding ByBit of over $4 million in digital assets through an audacious internal fraud scheme. Ho manipulated payroll to steal over […]
Read MoreHo Kai Xin Jailed Nearly 10 Years for $4.2M Crypto Theft from Bybit
Ho Kai Xin’s Lavish Life Funded by $4.2 Million Crypto Theft from Bybit Ends in Nearly 10-Year Jail Sentence Ho Kai Xin sentenced to almost 10 years in prison Stolen $4.2 million in cryptocurrency from Bybit Manipulated payroll records for personal gain Imagine stealing over $4 million in cryptocurrency and living a life of luxury—until […]
Read MoreBybit Launches Listing Billboard: SoSoValue First to Embrace Transparency
Bybit’s Listing Billboard: Pioneering Transparency in Crypto Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched the “Listing Billboard”, a new initiative designed to enhance transparency for listed tokens. SoSoValue, fresh off a $15 million Series A funding round, becomes the first project to adopt this framework, revealing detailed performance metrics to the […]
Read MoreBybit Registers with India’s FIU, Eyes Full Crypto License Soon
Bybit Re-enters India’s Crypto Market: Navigating Regulatory Waters Bybit, a prominent global crypto exchange, has made significant strides toward resuming operations in India by registering with the country’s Financial Intelligence Unit (FIU) on February 5, 2024. This crucial move follows a period of halted services due to compliance issues, which Bybit addressed by paying a […]
Read MoreBybit Suspends India Operations Amid Regulatory Crackdown on Crypto
Bybit Halts Operations in India Amid Regulatory Storm Bybit, a leading cryptocurrency exchange, has temporarily suspended its services in India due to increasing regulatory scrutiny of unregistered platforms. This decision reflects the broader tension between crypto innovation and regulatory compliance in one of the world’s most populous nations. Bybit suspends services in India Regulatory crackdown […]
Read MoreBybit Physical Card in Brazil Boosts Crypto Adoption with 2% Cashback
Bybit Physical Card Launches in Brazil: Enhancing Crypto Payments and Adoption Bybit introduces the Physical Card in Brazil, enabling crypto payments with USDT, BTC, and ETH, marking a significant step towards integrating digital assets into everyday transactions. Bybit launches Physical Card in Brazil 2% cashback, supports USDT, BTC, ETH No annual fees, integrates with Apple […]
Read MoreMalaysia Orders Bybit to Halt Operations: Crackdown on Unregistered Crypto Exchanges
Malaysia’s Bold Move: Securities Commission Orders Bybit to Cease Operations In a decisive action to protect investors and regulate the burgeoning cryptocurrency sector, Malaysia’s Securities Commission (SC) has ordered Bybit, a global cryptocurrency exchange, to shut down its operations within the country. The move comes as part of Malaysia’s ongoing efforts to clamp down on […]
Read MoreBybit Pioneers Web3 and Blockchain Growth at Taipei Blockchain Week with Strategic Partnerships
Bybit Champions Web3 Innovation at Taipei Blockchain Week Bybit, the world’s second-largest cryptocurrency exchange, showcased its efforts to advance Web3 and engage with the community during the Taipei Blockchain Week from December 12 to 14, 2024. This event positioned Bybit and its strategic partners, including the Solana and Sui Foundations, as key players in shaping […]
Read MoreJapan’s FSA Warns KuCoin, Bybit for Unregistered Crypto Operations
Japan’s FSA Flags KuCoin, Bybit, and Others for Unregistered Crypto Operations What’s the cost of trading cryptocurrencies without government approval? Japan’s Financial Services Agency (FSA) has issued warnings to five cryptocurrency exchanges, including well-known platforms KuCoin and Bybit, for operating without proper registration. This decisive move highlights the importance of government rules and user protection […]
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