The biggest theft in the crypto world, hackers stole Ethereum worth Rs 13 thousand crores from Bybit exchange

There has been another big blow in the world of cryptocurrency. Digital currency worth about $ 1.5 billion i.e. about Rs 13 thousand crores has been stolen from Bybit exchange. This is being considered the biggest theft in the history of crypto thefts. Let us tell you that before this, Rs 2,000 crore has also disappeared from the Indian crypto exchange WazirX.

The biggest theft in the world of crypto

Bybit CEO Ben Zhou confirmed this theft by sharing a post on the social media platform X (Twitter). He told that a hacker hacked Bybit’s offline Ethereum wallet. After this, digital assets worth billions of dollars were stolen through several transactions.

Ethereum is the second most expensive cryptocurrency in the world

Ethereum is the second most expensive cryptocurrency in the world after Bitcoin. The impact of this attack can be huge. However, Zhou assured that Bybit’s hot wallet, warm wallet and all other offline wallets are safe.

The process of withdrawing users’ money is also going on normally. Let us tell you that Bybit is one of the largest crypto exchanges in the world. It has more than 60 million users.

Investors are afraid of going bankrupt

After this theft, there is an atmosphere of fear among the users of Bybit. Many users are also afraid of the company going bankrupt. Due to this fear, they started withdrawing their funds. However, Zhou dispelled this fear and said that “Bybit will not go bankrupt. Whether this stolen money is returned or not. Customers’ money is completely safe. We can compensate for this loss ourselves.”

North Korean hackers suspected

According to CNBC’s report, analysts of cyber security firm Elliptic have linked this theft to North Korea’s infamous ‘Lazarus Group’. This is a government hacking group. Earlier also it has stolen billions of dollars by targeting many crypto exchanges.

WazirX also faced a major attack

Before Bybit, Indian crypto exchange WazirX also faced a major cyber attack. In this attack in July 2023, cryptocurrency worth Rs 2,000 crore ($235 million) disappeared. WazirX co-founder Nischal Shetty had also suspected the hand of Lazarus Group for this theft.