Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange.
The post Bybit Hack Drains $1.5 Billion From Cryptocurrency Exchange appeared first on SecurityWeek.
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Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.
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Cryptocurrency exchange Bybit on Friday revealed that a “sophisticated” attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history.
“The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated
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OpenAI on Friday revealed that it banned a set of accounts that used its ChatGPT tool to develop a suspected artificial intelligence (AI)-powered surveillance tool.
The social media listening tool is said to likely originate from China and is powered by one of Meta’s Llama models, with the accounts in question using the AI company’s models to generate detailed descriptions and analyze documents
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This news about Google Cloud Key Management Service is part of the tech giant’s post-quantum computing strategy.
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One of 2024’s most active ransomware outfits has been asleep through early 2025, thanks to reality-show-style, behind-the-scenes drama.
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In a major cybersecurity incident, Bybit, the world’s 2nd-largest crypto exchange suffered a $1.4 billion ETH hack from…
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TopSec data leak: 7000+ documents expose potential Chinese government surveillance and censorship practices. Learn about the key findings…
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The U.K. government demanded a backdoor into Apple’s Advanced Data Protection.
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The cryptocurrency exchange Bybit was hacked for more than $1.4 billion worth of Ethereum on Friday in what cybersecurity experts are calling the largest-ever theft targeting a cryptocurrency platform.
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