The Largest Crypto Heist Ever | Bybit Breach Leads to a $1.5 Billion Theft

"BYBIT" with a hacker in the background

The Rise of Sophisticated Cyber Attacks in the Crypto Space The cryptocurrency market has long been a prime target for cybercriminals. The decentralized nature of blockchain, the high-value assets at stake, and the evolving attack vectors make exchanges a lucrative opportunity for hackers. In what could be the largest cryptocurrency heist in history, Dubai-based crypto exchange Bybit confirmed a devastating security breach, resulting in the theft of approximately $1.5 billion in Ethereum (ETH). This incident surpasses previous record-breaking breaches in the industry and highlights significant security gaps in crypto exchange…

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