The Bybit cryptocurrency exchange said it was hacked on Friday.Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion.Analysts say it may be the

Cryptocurrency exchange Bybit has been hit hard by hackers who stole assets worth $1.5 million in what is now called the largest crypto heist ever.

Bybit is pledging 10% of recovered funds—potentially up to $140 million—to cybersecurity experts and blockchain analysts who help track and retrieve stolen assets

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.

Crypto exchange Bybit is offering up to $140 million for help recovering the $1.4 billion in Ethereum swiped in Friday's exchange hack.

Top cryptocurrencies—including Bitcoin, Ethereum, and Dogecoin—have nosedived amid rough inflation data and Friday's Bybit exchange hack.

Bybit confirmed a $1.5 billion crypto hack involving manipulated Ethereum transfers. Despite increased withdrawals, the exchange assured users their funds are safe, with CEO Ben Zhou stating the company can cover the loss.

On-chain sleuthing linked Friday's $1.4 billion hack of crypto exchange Bybit to North Korea's Lazarus Group, Arkham Intelligence said.

ByBit lost over N2trn to crypto hack as their multisign wallet lost access to a team of hackers reportedly identified as the Lazarus group. CEO said no cause alarm.