mixers

Bybit Faces $390 Million Crypto Loss After $1.4 Billion Hack

Bybit Faces $390 Million Crypto Loss After $1.4 Billion Hack

More recently, Bybit, one of the world’s leading cryptocurrency exchanges, was hacked for $4 million. This single incident contributed to the loss of $1.4 billion in crypto assets. The breach exploited design flaws in the exchange’s process for transferring assets from the cold wallet. This breach is now the 2nd...
Bybit's $390M Crypto Black Hole: Mixers, P2P, and Lazarus Group

Bybit's $390M Crypto Black Hole: Mixers, P2P, and Lazarus Group

The world of cryptocurrency, though filled with opportunities for innovation and financial independence, has proven to be a breeding ground for malicious activity. The recent Bybit hack is a timely reminder of this unfortunate reality. Hackers illegally drained a record-breaking $390 million in the first half of 2022 alone and...