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bybit hacked

Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever

Bybit, a leading cryptocurrency exchange, suffered a record $1.5 billion hack, with experts suspecting North Korean hackers. The attackers drained assets from an offline Ethereum wallet, dispersing them across multiple addresses. Bybit is working to recover funds and has secured bridge loans to cover losses while assuring users that withdrawals remain open.
Feb 22, 2025
By Anshul Panda