Feb 22, 2025Ravie LakshmananFinancial Crime / Cryptocurrency Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history. "The incident occurred when our ETH multisig cold wallet executed a … [Read more...] about Bybit Confirms Record-Breaking $1.46 Billion Crypto Heist in Sophisticated Cold Wallet Attack
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Hot Topic: Increasing Cost-Efficient Observability with Cold Tier
Even as the global economy shows signs of a rebound, today’s observability customers are more focused than ever on driving utmost value from their investments.This isn’t simply because economics have forced organizations to closely review overhead and drive out unnecessary costs; the reality is that observability has become one of the leading budget items for every cloud … [Read more...] about Hot Topic: Increasing Cost-Efficient Observability with Cold Tier
Hot crypto wallet, cold crypto wallet: what are they, and how are they stolen from?
Hardware wallets are considered to be the most reliable cryptocurrency storage solution of all. A special device that signs all of its owner’s blockchain operations offline looks so much more reliable than online storage or computer apps. After all, we hear news of hacks and bankruptcies of online cryptocurrency exchange platforms nearly every month, while apps are clearly … [Read more...] about Hot crypto wallet, cold crypto wallet: what are they, and how are they stolen from?