Record-Breaking $1.5B Cryptocurrency Heist Hits Bybit Exchange
Cryptocurrency exchange Bybit suffered a massive security breach resulting in a $1.46 billion loss from its Ethereum cold storage wallet. Despite being the largest crypto hack to date, CEO Ben Zhou confirms the exchange can cover losses while maintaining normal operations.
Cryptocurrency Giant Bybit Suffers Largest Exchange Hack in History, Loses $1.46 Billion
In an unprecedented cybersecurity breach, hackers successfully infiltrated Bybit's cold storage wallet, stealing $1.46 billion in cryptocurrency assets. The attack, which primarily targeted Ethereum holdings, marks the largest cryptocurrency exchange theft to date and has sent shockwaves through the digital asset market.
Malicious Ethereum Developer Tool Found Distributing Quasar RAT Malware
Security researchers uncovered an npm package posing as an Ethereum smart contract debugging tool that secretly installs dangerous Quasar RAT malware. The sophisticated supply chain attack specifically targets blockchain developers, potentially exposing private keys and credentials linked to valuable crypto assets.