Hack


Finance

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

(Pixabay)

Tech

Hackers Are Using Fake GitHub Code to Steal Your Bitcoin: Kaspersky

The attack starts with seemingly legitimate GitHub projects — like making Telegram bots for managing bitcoin wallets or tools for computer games.

hacker

Policy

U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack

Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.

SDNY Courthouse 40 Centre Street

Markets

Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack

Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.

Bybit logo

Tech

Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen

Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.

(Jacob Lund/Shutterstock)

Finance

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds

"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Markets

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X, while Ethereum community strongly criticized it.

Arthur Hayes, CIO, Maelstrom, pictured at CfC St. Moritz 2025 (CfC St. Moritz)

Markets

North Korean Hackers Were Behind Crypto's Largest 'Theft of All Time'

Lazarus Group was behind Bybit's $1.5 billion hack on Friday, Arkham Intelligence said, citing ZackXBT.

(Pixabay)

Finance

CZ Suggests Bybit Halt Withdrawals, Offers Help With $1.5B Hack

Bybit CEO has said that the exchange is solvent and withdrawals remain open.

Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)