Major Crypto Hacks and Breaches Expected in 2025 from Bybit to Coinbase
Simply put Total losses from cryptocurrency hacks in 2025 are expected to hit $2.72 billion, surpassing last year’s record, even in the midst of a sluggish market. The largest breach occurred in February at Bybit, where North Korean hackers are believed to have stolen up to $1.5 billion. Major exchanges and DeFi platforms, such as […]
Bybit Ethereum Theft Drives Total Crypto Losses to a Record $2.1 Billion in 2025
Simply put The amount of cryptocurrency stolen by hackers in the first half of 2025 has reached record levels. Hackers have taken over $2.1 billion in that timeframe. According to TRM Labs, a blockchain intelligence firm, North Korean hackers are primarily to blame. In the first six months of 2025, hackers stole $2.1 billion from […]
North Korea behind $1.5bn hack of crypto exchange ByBit, says FBI | North Korea
North Korea was behind the theft of about $1.5 billion in virtual assets from cryptocurrency exchanges, the FBI said in what is called the biggest robbery in history. The haul, which reportedly lost some of its value, exceeded the previous record total of $1 billion stolen by dictator Saddam Hussein from the Iraqi central bank […]
Bybit has ‘fully closed the ETH gap’ CEO says after $1.4B Lazarus hack – Cointelegraph
4:05am UTC Update February 24th: This article has been updated to include the latest statement from Bybit CEO Ben Zhou. Bybit CEO Ben Zhou says his cryptocurrency exchange completely replaced the $1.4 billion worth of ether that was hacked on February 21. A new audited, proven report will be published soon to show that Bybit's […]
Bybit hacked for $1.5B in biggest crypto heist of all time
Major cryptocurrency exchanges say that the stolen digital currency worth around $1.5 billion was the victim of sophisticated hacks, marking one of the biggest online thefts of all time. Bybit I said it on Friday Ethereum's daily transfers, one of the most popular cryptocurrencies between digital wallets, were “manipulated” by attackers who transferred the crypto […]
Telegram-Linked TON Blockchain Down as Binance, Bybit Suspend Trading – Decrypt
The Open Network (TON), developed by brothers Pavel and Nikolay Durov, went down late Tuesday night, with eagle-eyed users reporting that the protocol had stopped processing transactions. The network, formerly associated with messaging platform Telegram, has not produced any new blocks in the past four hours, according to Blockchain Explorer. TonScan. In a post from […]