The article details how ben zhou, CEO of bybit, inadvertently approved a transaction that led to the hacking of the cryptocurrency exchange, resulting in a loss of $1.5 billion to north korean hackers. The breach occurred due to a flaw in bybit's security system, which relied on free software.
David Yaffe-Bellany
03/06/2025 12:00:00 AM
Business & Finance

198 views
Sadness 😢
Happiness 😊 - 0%
Anger 😡 - 40%
Surprise 😲 - 20%
Fear 😨 - 40%
Mentions in context

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Chief executive of the cryptocurrency exchange bybit

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cryptocurrency exchange that lost $1.5 billion to hackers
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Responsible for the heist of $1.5 billion in cryptocurrencies

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Investigating the hacking incident

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Technology provider whose software was exploited