Massive $1.5 Billion Crypto Heist: Bybit Exchange Falls Victim to Sophisticated Hack
2025-02-21
The Associated Press
In a shocking incident, Bybit, a leading cryptocurrency exchange, has revealed that it was targeted by a highly sophisticated hack, resulting in the theft of approximately $1.5 billion in digital currency. This massive online heist marks one of the largest cryptocurrency thefts in history, highlighting the growing concerns of crypto security and online safety. As the crypto market continues to evolve, exchanges like Bybit are investing in advanced cybersecurity measures to protect user assets from hackers and phishing attacks, utilizing blockchain technology and artificial intelligence to prevent future breaches.