Cryptocurrency exchange says it was victim of $1.5 billion hack

[Kaz]

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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 “manipulated” by an attacker who transferred the crypto to an unidentified address.

The company sought to reassure customers that their cryptocurrency holdings with the exchange were safe. The company added that news of the hack had led to a surge in withdrawal requests and there could be delays in processing them.

 

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When it's gone, it's gone.  If your using crypto, hopefully you have a use and it's not just speculation.  I've heard rumors we are close to a 2008 market crash with the way crypto is mixing into everything.

[Kaz]

From what I've been able to find out, it was a phishing campaign run by North Korea.