{"id":654261,"date":"2025-02-22T20:40:15","date_gmt":"2025-02-22T17:40:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cryptocurrency-exchange-says-it-was-victim-of-1-5-billion-hack\/"},"modified":"2025-02-22T20:40:15","modified_gmt":"2025-02-22T17:40:15","slug":"cryptocurrency-exchange-says-it-was-victim-of-1-5-billion-hack","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cryptocurrency-exchange-says-it-was-victim-of-1-5-billion-hack\/","title":{"rendered":"#Cryptocurrency exchange says it was victim of $1.5 billion hack"},"content":{"rendered":"<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2020\/1-cryptocurren.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2020\/1-cryptocurren.jpg\" data-sub-html=\"Credit: Pixabay\/CC0 Public Domain\">\n<figure class=\"article-img\">\n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2020\/1-cryptocurren.jpg\" alt=\"cryptocurrency\" title=\"Credit: Pixabay\/CC0 Public Domain\" width=\"800\" height=\"407\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                Credit: Pixabay\/CC0 Public Domain<br \/>\n            <\/figcaption><\/figure>\n<\/p><\/div>\n<\/div>\n<p>A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time.<\/p>\n<p>Bybit <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/announcements.bybit.com\/en\/article\/incident-update---eth-cold-wallet-incident-blt292c0454d26e9140\/\" target=\"_blank\">said Friday<\/a> that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was &#8220;manipulated&#8221; by an attacker who transferred the crypto to an unidentified address.<\/p>\n<p>The company sought to reassure customers that their cryptocurrency holdings with the exchange were safe. The company added that <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> of the hack had led to a surge in withdrawal requests and there could be delays in processing them.<\/p>\n<p>Ben Zhou, Bybit&#8217;s CEO, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/benbybit\/status\/1892969284587966869\" target=\"_blank\">said on social media<\/a> that his company would remain solvent even if the hacked crypto wasn&#8217;t recovered.<\/p>\n<p>&#8220;We can cover the loss,&#8221; he said.<\/p>\n<p>Stealing cryptocurrencies is a favorite tactic of hackers. North Korean state hackers, in particular, have been linked to several high-dollar crypto thefts in recent years. In December, the FBI, the Defense Department and National Police Agency of Japan issued a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fbi.gov\/news\/press-releases\/fbi-dc3-and-npa-identification-of-north-korean-cyber-actors-tracked-as-tradertraitor-responsible-for-theft-of-308-million-from-bitcoindmmcom\" target=\"_blank\">joint statement<\/a> blaming North Korean hackers for the theft of $308 million from a Japanese crypto firm.<\/p>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.\n                                            <\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>\n                                                <strong>Citation<\/strong>:<br \/>\n                                                Cryptocurrency exchange says it was victim of $1.5 billion hack (2025, February 22)<br \/>\n                                                retrieved 22 February 2025<br \/>\n                                                from https:\/\/techxplore.com\/news\/2025-02-cryptocurrency-exchange-victim-billion-hack.html\n                                            <\/p>\n<p>\n                                            This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no<br \/>\n                                            part may be reproduced without the written permission. The content is provided for information purposes only.\n                                            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><script id=\"facebook-jssdk\" async=\"\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/sciencee\/\" target=\"_blank\" >Science category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techxplore.com\/news\/2025-02-cryptocurrency-exchange-victim-billion-hack.html\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit: Pixabay\/CC0 Public Domain A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was&#8230;<\/p>\n","protected":false},"author":1,"featured_media":654262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2020\/1-cryptocurren.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-654261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/654261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=654261"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/654261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/654262"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=654261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=654261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=654261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}