Bybit Hack Displaces Mt. Gox as the Largest Crypto Heist in History—Here Are the Security Takeaways

logo of bybit crypto exchange

The Bybit hack displaced Mt. Gox, the Poly Network exploit, and other known exchange hacks on February 21, 2025, as the company officially announced that hackers had stolen $1.4 billion in ETH. No hack has surpassed the Bybit loss. Africrypt, which would have matched that record by losing $3.6 billion to hackers in 2021, was … Read more

$1.4 Billion Bybit Hack: North Korea’s Lazarus Group Identified as the Culprit Behind Stolen Funds

preventing hacking on the web

The dreaded North Korean cyberattacker, Lazarus Group, has been identified as the mastermind behind the theft of over $1.4 billion in ETH from the Bybit crypto wallet on February 21, 2025, just hours after the launch of Pi Coin. The hack, one of the largest in crypto history, caused panic among Bybit users, leading to … Read more