$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.
Bybit’s $1.5B hack sparks security concerns, fueling discussions on centralized risks and decentralized solutions.
Bybit hack, plunging Bitcoin mining stocks and efforts to “kill Tether” headline this week’s Crypto Biz newsletter.
This guide breaks down the Bybit hack of 2025, what happened, how Bybit responded, and what this means for the crypto market moving forward.
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
The $1.46 billion Bybit hack – the largest in crypto history – has done little to dent retail investors’ confidence in ...
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Crypto losses to hacks & scams hit $1.6B in 2025, up 8x YoY: ImmunefiThe crypto sector has recorded a surge in security incidents throughout the first half of 2025, with overall losses estimated ...
Bybit hackers laundered 270,000 ETH, equivalent to approximately $605 million, via THORChain, representing over half of ...
The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the ...
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