Payroll Fraud at Bybit: Employee Siphoned $5.7M Using Fake Transactions.
A payroll staffer at WeChain Fintech stole $5.7 million from Bybit by faking salary payments and transferring cryptocurrency into personal wallets. Ho Kai Xin, a former payroll processing staff member…
Explained: Track Bybit Ethereum Tokens Movement Post Hack Here
Recently, hackers allegedly stole more than 0.4 million Ethereum (ETH) tokens amounting to a massive $1.5 Billion from one of the cold wallets of Bybit, a popular cryptocurrency exchange. Despite…
Kanye West Says, “Time to Launch My Own Blockchain”
Kanye West is making waves again, this time focusing on cryptocurrency. The rap icon and entrepreneur has announced plans to launch his blockchain, signaling his ambition to build a digital…
Will the Bybit Hack Trigger Uncertainty in Ethereum Price Movement?
The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market. As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more…
Bybit Hack: Attacker Used Binance to Fund Gas Fees
In a recent update on the $1.4 billion Bybit hack, one of the largest security breaches, the attacker reportedly used Binance to fund gas fees for executing the attack. Blockchain…
Bybit Hack Fallout: Arthur Hayes, Samson Mow Push for Ethereum Blockchain Rollback To Reverse Stolen $1.4 Billion in Eth Bybit Funds.
Hayes argued that it has already been done once in the past, so why not again? In what is considered now the largest hack within the cryptocurrency industry, Bybit’s hot…
Bybit $1.4 Billion Hack Aftermath: Single Whale Liquidated for $46M as BTC Dumps by $4K
As the details around perhaps the largest hack in the cryptocurrency industry continue to unravel, BTC’s price has started to crash once again, falling by over four grand since today’s…
ByBit Lost 70% Of Ethereum Holdings To Hacker, Says CEO
Investigator ZachXBT says the hack was pulled off by the North Korean Lazarus Group, connecting it on chain to the Phemex hack. Bybit CEO Ben Zhou confirmed in a Friday…
Bybit CEO Ben Zhou Slams Pi Network as Token Crashes 60% After Mainnet Launch
Bybit CEO Ben Zhou calls Pi Network a scam, citing Chinese police warnings and rejecting claims about listing the token. Bybit CEO Ben Zhou has doubled down on his stance…
Hackers have found a way to bypass two-factor authentication
Hackers have developed a phishing kit capable of bypassing two-factor authentication systems, previously considered to be one of the most secure ways of protecting access to online accounts. Two-factor authentication,…