<ul><li>Bybit, one of the leading cryptocurrency exchanges, experienced a $1.5 billion hack, resulting in the largest crypto heist in history.</li><li>The breach targeted Bybit's cold wallet, leading to the theft of predominantly ether funds, which were then dispersed through various platforms.</li><li>The heist has been associated with North Korea's Lazarus Group, known for sophisticated laundering techniques and previous attacks on the crypto industry.</li><li>Bybit reassured customers by obtaining a bridge loan to cover losses and emphasized the need for stronger cybersecurity and regulations in the digital asset space.</li></ul>

Bybit Suffers Historic $1.5 Billion Crypto Heist in Largest Exchange Hack

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