Bybit Hack Becomes Largest Crypto Exploit in History, Exceeding $1.4B

Bybit Hack Becomes Largest Crypto Exploit in History, Exceeding $1.4B

With losses exceeding $1.4 billion, the recent security breach at cryptocurrency exchange Bybit has broken the previous record for the biggest hack in the industry's 15-year history. This incredible amount is the most significant exploit to date, more than doubling the previous record set by Ronin Network. More than 60% of all cryptocurrency funds that were stolen in 2024 came from this one incident, according to data from Cyvers. An escalati...

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