Cryptocurrency exchange Bybit suffered a $1.4 billion hack in February 2025 that exposed structural weaknesses in custody ...

the reputation of a cold wallet as the most secure element in the custody of digital assets. It was thought that a Multisig cold wallet would be more secure than a wallet controlled by a single person ...

The recent security breach for around $1.5 billion at Bybit, the world's second-largest cryptocurrency exchange by trading volume, sent ripples through the digital asset community. With $20 billion in ...

DETROIT, MI, UNITED STATES, March 17, 2025 /EINPresswire.com/ -- In February 2025, the cryptocurrency world was rocked by yet another major hack—this time targeting ...

The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds. According to a report from crypto research ...

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 ...

Ledger’s Vice President of Enterprise, Sebastien Badault, says the high-profile $1.4 billion hack of crypto exchange Bybit in 2024 was a “wake-up call” for the entire industry — and a failure of basic ...

Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday. “This and ...

Cybercriminals have treated 2025 as a target-rich environment, draining digital wallets, exchanges, and DeFi protocols at a ...

The $1.4b stolen from crypto exchange Bybit will likely be laundered through mixers as hackers attempt to erase the transaction trail, according to blockchain analytics firm Elliptic. Elliptic warned ...

Bybit Hack Prompts EU Scrutiny of OKX Platform Used by Thieves The hackers laundered about $100 million of crypto they stole through OKX’s Web3 platform, according to Bybit. Photographer: Brent ...