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The Latest Breaking News from Bybit

Hackers steal over $1bn in one of the biggest crypto thefts ever

Hackers did not compromise Bybit system, but rather its employees.

TechRadar

Bybit Hack: How The $1.4B Exploit Happened, Funds Recovered, And Who's Responsible

Bybit was exploited for over $1.4 billion Friday, rocking the crypto industry to the core, as it easily became the largest single heist in crypto history.

International Business Times

North Korean cybercriminals linked to massive $1.19bn crypto heist

Notorious North Korean hackers Lazarus Group are suspected to be behind the attack

Evening Standard

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Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’

Bybit platform appeals to ‘brightest minds’ in cybersecurity for help after attacker transfers Ethereum currency

The Guardian - UK

$1.5 billion crypto heist could be the biggest yet, more than doubling the previous record, but don't worry: The affected firm says it can take the hit

Just a little walkin' around money.

PC Gamer

Cryptocurrency exchange says it was victim of $1.5 billion hack

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time

The Independent UK

Bybit just suffered the biggest theft in crypto history, with $1.4 billion in losses

ByBit CEO says the platform is experiencing “massive withdrawals.”

Fortune

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$PENGU Token Easily Topples Long-time Greats $FLOKI, $BRETT In Top Memecoin Ranks

$PENGU is only two days old and yet it has already surpassed the market value of some of the biggest and most prominent memecoins in the segment – this is the story of a meme token that came from the heart of a well-loved NFT collection.

International Business Times

Bitget Wallet Outpaces Other Crypto Exchanges In September Downloads, Logs 100% 6-Month User Growth

Bitget Wallet saw a significant 100% growth in new users in the last six months, establishing the non-custodial wallet as a major player in bridging the Web2—Web3 gap.

International Business Times

French Regulator Reiterates Crypto Giant ByBit Is Blacklisted, Signals Further Enforcement Action

After Hong Kong, France's securities regulator has now released a warning notice to the public regarding ByBit, reiterating that the crypto exchange is not authorized to operate in the country.

International Business Times

Prominent Crypto Security Researcher Flags Gotbit Yet Again After 2 Rug Pull Scams

ZachXBT has once again flagged cryptocurrency market maker Gotbit, this time noting there were two partner projects of Gotbit that rug pulled in the past week alone.

International Business Times

Blast Ecosystem Project RiskOnBlast Vanishes After Raising Over $1M

A project on a rising layer-2 platform disappeared over the weekend after raising more than $1 million in funding from investors and retail traders.

International Business Times

Coinbase Alerts Customers About CFTC Subpoena Regarding Bybit Transactions

The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.

International Business Times

FTX claims Bybit, one of world’s largest crypto exchanges, used VIP status to pull hundreds of millions of dollars during collapse

The bankruptcy estate is trying to claw back nearly $1 billion in its latest lawsuit.

Fortune

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Zenger

ByBit Ceases Operations In UK Following Implementation Of New Rules

Crypto exchange ByBit exits UK market as stricter regulations take effect

Fortune

Staking infrastructure firm P2P.org raises $23 million shortly after upgrade to Ethereum

As blockchains pivot to proof of stake, the companies that streamline staking are looking to profit.

Fortune

The crypto lender Gemini just filed for bankruptcy. Here are the biggest creditors

The company owes $3.4 billion to top firms including Genesis and ByBit's venture arm.

Benzinga

BAYC NFT Sells For 777 ETH - Zero To Hero NFT Grows 6,600% In Price Amid Crypto Slump

The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.

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Benzinga

NFT: Doomsday or Payday?

NFT marketplaces continue to struggle. The volume transacted on NFT marketplaces have decreased due to the crypto market conditions. Taking reference from the research done by The Block Crypto for the month of May 2022.

Benzinga

Red Bull Formula One Team Signs Cryptocurrency Deal With Bybit: Here Are The Details

Professional sports leagues continue to warm up to the cryptocurrency industry with sponsorship deals for leagues, teams and players. Here’s the latest signed deal.

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