News Score: Score the News, Sort the News, Rewrite the Headlines

Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen

Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible. A hacker took control of one of Bybit’s offline Ethereum wallets, the exchange’s Chief Executive Officer Ben Zhou announced in a post on X on Friday. An estimated $1.46 billion in assets flowed out of the wallet in a series of suspicious transactions,...

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines