Crisis Management in $1.4 Billion Hack Sets New Industry Standard, Bybit Officials Say

Bybit, a major cryptocurrency exchange, has addressed the massive security breach that resulted in the theft of $1.4 billion in digital assets. Bybit Claims it Endured $1.4 Billion Digital Asset Theft With Swift Withdrawals and Strong Reserves Bybit officials say the hack took place on Feb. 21, 2025, when cybercriminals targeted Bybit’s ethereum wallets and