Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Bybit, a major cryptocurrency exchange, was hacked for $1.5 billion in digital assets, the largest crypto heist in history, compromising its cold wallet security. CEO Ben Zhou assured users that all other cold wallets are secure, with withdrawals operating normally. The theft, primarily in ether, was traced by blockchain analysis firms to North Korea’s Lazarus Group, a state-sponsored hacker collective known for laundering funds and targeting crypto platforms, prompting a rush of withdrawals from Bybit.

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