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Bybit Hack – The Largest in Crypto History
In February 2025, Bybit suffered a catastrophic breach where 400,000 ETH (worth ~$1.5B at the time) was drained from its Safe{Wallet} infrastructure. Forensics point directly to North Korea’s Lazarus Group, notorious for sophisticated crypto cybercrime under “TraderTraitor.”
The attackers manipulated smart contract permissions and backend APIs—bypassing multi-signature protection through a zero-day exploit in key management and session token replay. The sheer volume impacted liquidity pools, forced flash selloffs, and destabilized several DeFi lending platforms connected to Bybit reserves.
This breach prompted regulatory bodies across South Korea, Japan, and the UAE to propose stricter self-custody standards and CEX insurance schemes. Bybit is working with Chainalysis and Interpol.
Lesson: Never underestimate the risk from nation-state actors targeting crypto liquidity hubs. Use cold storage and real-time threat detection layers.
Cashtags: $BTC , $ETH
Hashtags: #CryptoHacks #ExchangeSecurity #BlockchainRisk
In February 2025, Bybit suffered a catastrophic breach where 400,000 ETH (worth ~$1.5B at the time) was drained from its Safe{Wallet} infrastructure. Forensics point directly to North Korea’s Lazarus Group, notorious for sophisticated crypto cybercrime under “TraderTraitor.”
The attackers manipulated smart contract permissions and backend APIs—bypassing multi-signature protection through a zero-day exploit in key management and session token replay. The sheer volume impacted liquidity pools, forced flash selloffs, and destabilized several DeFi lending platforms connected to Bybit reserves.
This breach prompted regulatory bodies across South Korea, Japan, and the UAE to propose stricter self-custody standards and CEX insurance schemes. Bybit is working with Chainalysis and Interpol.
Lesson: Never underestimate the risk from nation-state actors targeting crypto liquidity hubs. Use cold storage and real-time threat detection layers.
Cashtags: $BTC , $ETH
Hashtags: #CryptoHacks #ExchangeSecurity #BlockchainRisk
#BybitSecurityBreach
BREAKING: #Bybit has reportedly suffered a security breach, raising concerns about crypto exchange safety. Users are advised to double-check 2FA, secure their wallets, and stay alert for phishing attempts. This incident sparks discussions on #CyberSecurity and the importance of #ColdStorage over #HotWallets. Is your #CryptoSafe? Stay informed and protect your assets!
#CryptoNews #BinanceSquare #BybitHack #ExchangeSecurity
BREAKING: #Bybit has reportedly suffered a security breach, raising concerns about crypto exchange safety. Users are advised to double-check 2FA, secure their wallets, and stay alert for phishing attempts. This incident sparks discussions on #CyberSecurity and the importance of #ColdStorage over #HotWallets. Is your #CryptoSafe? Stay informed and protect your assets!
#CryptoNews #BinanceSquare #BybitHack #ExchangeSecurity
How Coinbase’s Data Breach Could Hurt Your Trust—and The Crypto Market
$ETH
Coinbase has disclosed a significant cyberattack affecting a “small subset” of user data—names, addresses, and emails—though no passwords or fund access were compromised
Estimated damages range between $180–$400 million, factoring in internal investigation costs, legal exposure, and reputational damage
While Coinbase continues to operate and has ramped up security protocols, this incident raises a flag: even top-tier institutions remain vulnerable, reminding users that centralized exchanges still carry risk.
Saved this? 💬 Share which security habit you trust most—2FA, cold storage, or hardware wallets?
#Salma6422 #ExchangeSecurity #CoinbaseBreach #WriteToEarn
$ETH
Coinbase has disclosed a significant cyberattack affecting a “small subset” of user data—names, addresses, and emails—though no passwords or fund access were compromised
Estimated damages range between $180–$400 million, factoring in internal investigation costs, legal exposure, and reputational damage
While Coinbase continues to operate and has ramped up security protocols, this incident raises a flag: even top-tier institutions remain vulnerable, reminding users that centralized exchanges still carry risk.
Saved this? 💬 Share which security habit you trust most—2FA, cold storage, or hardware wallets?
#Salma6422 #ExchangeSecurity #CoinbaseBreach #WriteToEarn
🚨💥 Consecutive Hacks Shake Crypto Exchanges – Are Your Assets at Risk? 💥🚨
In recent weeks, several cryptocurrency exchanges have been severely hacked, raising serious concerns about the security of investors’ digital assets. According to recent reports, hackers exploited multi-signature cold storage vulnerabilities, leading to multi-million-dollar thefts.
Major Incidents:
• Bybit Exchange: Suffered a massive $1.4 billion hack due to vulnerabilities in the frontend user interface, allowing unauthorized transactions.
• Other Exchanges Affected: Platforms like Phemex and WazirX were also targeted, suggesting that hackers are improving their methods to exploit both signing devices and backend servers.
Industry Experts’ Warnings:
Changpeng Zhao (CZ), the former CEO of Binance, expressed serious concerns about these security breaches. He emphasized the urgent need for enhanced security measures to protect investors’ assets.
What Should Investors Do?
With the increasing frequency of these attacks, crypto investors must take proactive steps to protect their digital assets, including:
✅ Use Cold Wallets: Store assets in offline hardware wallets to reduce hacking risks.
✅ Enable Two-Factor Authentication (2FA): Add an extra layer of security to your exchange accounts.
✅ Stay Updated on Security Alerts: Monitor exchange security announcements and withdraw funds if necessary.
With these growing challenges, the real question remains:
Can crypto exchanges enhance their security measures to truly protect investors? 🔥
💬 What’s your take on this? Are you still holding funds on centralized exchanges? Let us know in the comments! 👇👇
.
$BNB $BTC $ETH
#cryptohacks #ExchangeSecurity #BybitHack #PhemexHack #CZ
In recent weeks, several cryptocurrency exchanges have been severely hacked, raising serious concerns about the security of investors’ digital assets. According to recent reports, hackers exploited multi-signature cold storage vulnerabilities, leading to multi-million-dollar thefts.
Major Incidents:
• Bybit Exchange: Suffered a massive $1.4 billion hack due to vulnerabilities in the frontend user interface, allowing unauthorized transactions.
• Other Exchanges Affected: Platforms like Phemex and WazirX were also targeted, suggesting that hackers are improving their methods to exploit both signing devices and backend servers.
Industry Experts’ Warnings:
Changpeng Zhao (CZ), the former CEO of Binance, expressed serious concerns about these security breaches. He emphasized the urgent need for enhanced security measures to protect investors’ assets.
What Should Investors Do?
With the increasing frequency of these attacks, crypto investors must take proactive steps to protect their digital assets, including:
✅ Use Cold Wallets: Store assets in offline hardware wallets to reduce hacking risks.
✅ Enable Two-Factor Authentication (2FA): Add an extra layer of security to your exchange accounts.
✅ Stay Updated on Security Alerts: Monitor exchange security announcements and withdraw funds if necessary.
With these growing challenges, the real question remains:
Can crypto exchanges enhance their security measures to truly protect investors? 🔥
💬 What’s your take on this? Are you still holding funds on centralized exchanges? Let us know in the comments! 👇👇
.
$BNB $BTC $ETH
#cryptohacks #ExchangeSecurity #BybitHack #PhemexHack #CZ
Sec Breach Reveals Coinbase Data Leak & DOJ Investigation Underway
A recent breach at Coinbase involving bribed overseas call-center agents in India has triggered a DOJ criminal investigation
The leak—dating back to January—compromised contact info, personal documents, and partially masked SSNs for roughly 69,000 users, though no passwords or funds were stolen
Coinbase immediately severed ties with TaskUs, the affected vendor, and fired over 200 staffers involved.
Coinbase estimates the fallout could cost them between $180 million and $400 million, covering reimbursements, legal costs, and enhanced security measures $ETH
They also doubled down on a $20 million bounty for information leading to the breach perpetrators.
This incident underscores a chilling truth: human vulnerability remains the weakest link, even for top-tier crypto firms. With global data leaks on the rise, users must proactively safeguard personal and financial information—beyond just securing accounts.
🔐 Share if you’ll now review vendor security before signing up.
✅ Follow for updates on DOJ outcomes and exchange protocols.
#Salma6422 #ExchangeSecurity #CoinbaseBreach #CryptoSafety
A recent breach at Coinbase involving bribed overseas call-center agents in India has triggered a DOJ criminal investigation
The leak—dating back to January—compromised contact info, personal documents, and partially masked SSNs for roughly 69,000 users, though no passwords or funds were stolen
Coinbase immediately severed ties with TaskUs, the affected vendor, and fired over 200 staffers involved.
Coinbase estimates the fallout could cost them between $180 million and $400 million, covering reimbursements, legal costs, and enhanced security measures $ETH
They also doubled down on a $20 million bounty for information leading to the breach perpetrators.
This incident underscores a chilling truth: human vulnerability remains the weakest link, even for top-tier crypto firms. With global data leaks on the rise, users must proactively safeguard personal and financial information—beyond just securing accounts.
🔐 Share if you’ll now review vendor security before signing up.
✅ Follow for updates on DOJ outcomes and exchange protocols.
#Salma6422 #ExchangeSecurity #CoinbaseBreach #CryptoSafety
Historic Cybersecurity Breach: Bybit Faces $1.4 Billion Hack! 🚨💻$BTC
The cryptocurrency community has been shaken by one of the largest exchange security breaches in recent history. Bybit, a leading crypto exchange, recently confirmed a massive $1.4 billion hack, raising concerns over exchange security and risk management.
Despite the staggering loss, Bybit’s founder has assured users that the platform remains fully solvent. The exchange has committed to covering the $1.46 billion shortfall on a 1:1 basis, ensuring that user funds remain protected. This proactive approach highlights Bybit’s resilience and dedication to maintaining trust in the platform.
As security threats in the crypto space continue to evolve, this incident serves as a critical reminder of the importance of robust cybersecurity measures. Investors are urged to practice caution, enable security features like two-factor authentication (2FA), and consider self-custody solutions for added protection. Stay informed and stay secure! 🔒🔥
#CryptoSecurity #BybitHack #ExchangeSecurity #BybitUpdate
The cryptocurrency community has been shaken by one of the largest exchange security breaches in recent history. Bybit, a leading crypto exchange, recently confirmed a massive $1.4 billion hack, raising concerns over exchange security and risk management.
Despite the staggering loss, Bybit’s founder has assured users that the platform remains fully solvent. The exchange has committed to covering the $1.46 billion shortfall on a 1:1 basis, ensuring that user funds remain protected. This proactive approach highlights Bybit’s resilience and dedication to maintaining trust in the platform.
As security threats in the crypto space continue to evolve, this incident serves as a critical reminder of the importance of robust cybersecurity measures. Investors are urged to practice caution, enable security features like two-factor authentication (2FA), and consider self-custody solutions for added protection. Stay informed and stay secure! 🔒🔥
#CryptoSecurity #BybitHack #ExchangeSecurity #BybitUpdate
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