BybitSecurityUpdate
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Breaking: One of the Largest Crypto Hacks in History! 🚨$BTC
The cryptocurrency world has been shaken by one of the most significant security breaches to date. Bybit has reportedly suffered a massive hack, resulting in a staggering $1.4 billion loss.$XRP
Despite the scale of the incident, Bybit’s founder has assured users that the exchange remains financially stable. The platform has confirmed that it will fully compensate for the $1.46 billion loss on a 1:1 basis, ensuring that user funds remain protected.
Security concerns in the crypto space continue to rise, emphasizing the importance of strong risk management and exchange security measures. Stay informed as more updates unfold!$SOL
#CryptoHack #BybitSecurityUpdate #ExchangeSafety #Bybit #CryptoNews
The cryptocurrency world has been shaken by one of the most significant security breaches to date. Bybit has reportedly suffered a massive hack, resulting in a staggering $1.4 billion loss.$XRP
Despite the scale of the incident, Bybit’s founder has assured users that the exchange remains financially stable. The platform has confirmed that it will fully compensate for the $1.46 billion loss on a 1:1 basis, ensuring that user funds remain protected.
Security concerns in the crypto space continue to rise, emphasizing the importance of strong risk management and exchange security measures. Stay informed as more updates unfold!$SOL
#CryptoHack #BybitSecurityUpdate #ExchangeSafety #Bybit #CryptoNews
Here’s a quick update on recent cryptocurrency news:
- Bitcoin has fallen below $90,000 due to global economic concerns and a hack at the Bybit exchange.
- Bybit experienced a hack where $1.5 billion in Ethereum was stolen, but customers will be reimbursed.
- ETHDenver 2025 is happening this week, featuring hackathons and talks from industry leaders.
Robinhood's SEC investigation into its handling of crypto assets has been closed with no action taken.
- $LIBRA crypto project in Argentina faced a significant price drop, leading to scam allegations.
These events show the volatility and risks in the crypto space.
#BTC #ETH #BybitSecurityUpdate
- Bitcoin has fallen below $90,000 due to global economic concerns and a hack at the Bybit exchange.
- Bybit experienced a hack where $1.5 billion in Ethereum was stolen, but customers will be reimbursed.
- ETHDenver 2025 is happening this week, featuring hackathons and talks from industry leaders.
Robinhood's SEC investigation into its handling of crypto assets has been closed with no action taken.
- $LIBRA crypto project in Argentina faced a significant price drop, leading to scam allegations.
These events show the volatility and risks in the crypto space.
#BTC #ETH #BybitSecurityUpdate
🚨 Breaking: North Korean hackers behind the $1.4B Bybit hack are linked to over 11,000 crypto wallets used for laundering stolen funds, per Elliptic. 💰🔍
After the exploit, Bybit's CEO Ben Zhou declared “war” on the Lazarus Group, launching initiatives to recover stolen assets, including a new blacklist API and a bounty for tracing funds. 🛡️
Elliptic provided a real-time data feed to help users avoid sanctions and protect against money laundering. Zhou praised their efforts, highlighting the swift identification of wallet addresses linked to the hack.
As investigations continue, Bybit remains committed to platform stability and has kept withdrawals open while repaying loans to maintain operations.
#BybitSecurityUpdate #Crypto #CyberSecurity #bybit
After the exploit, Bybit's CEO Ben Zhou declared “war” on the Lazarus Group, launching initiatives to recover stolen assets, including a new blacklist API and a bounty for tracing funds. 🛡️
Elliptic provided a real-time data feed to help users avoid sanctions and protect against money laundering. Zhou praised their efforts, highlighting the swift identification of wallet addresses linked to the hack.
As investigations continue, Bybit remains committed to platform stability and has kept withdrawals open while repaying loans to maintain operations.
#BybitSecurityUpdate #Crypto #CyberSecurity #bybit
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