Bybit’s $1.5 Billion Hack: Human Error, Industry Resilience, and Why Crypto Gets Judged Differently
On February 21, 2025, Bybit, one of the largest crypto exchanges, suffered an attack when hackers exploited a routine transfer from a cold wallet to a warm wallet—a standard process in crypto exchanges to ensure liquidity. The attackers managed to intercept this transfer, diverting approximately 400,000 ETH ($1.5 billion) to unknown addresses.
The Federal Bureau of Investigation said on Wednesday that North Korea was responsible for the theft of approximately $1.5 ...
This guide breaks down the Bybit hack of 2025, what happened, how Bybit responded, and what this means for the crypto market moving forward.
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit ...
The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...
Troubled cryptocurrency exchange Bybit is making preparations for a full operational license in the United Arab Emirates (UAE ...
Bitcoin BTC=dropped below $90,000 to its lowest since November 18 on Tuesday, as market nerves over U.S. tariffs reinforced ...
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