Bybit's $1.5 Billion Crypto Hack: Unpacking the Largest Heist in Digital Currency History
The Dubai-based cryptocurrency exchange Bybit experienced a $1.5 billion hack in February 2025, believed to be the largest in crypto history. The breach involved a sophisticated social engineering scheme targeting their cold wallet, implicating North Korea's Lazarus Group. Bybit has since restored their Ethereum reserves through loans, investor help, and purchases while maintaining 1:1 asset backing for users.
Feb, 25 2025
PlayStation Network Outage: Global Disruption Sends Gamers into Frenzy
On February 7, 2025, the PlayStation Network suffered a global outage, leaving millions unable to access online games and services like the PlayStation Store. The disruption, lasting over eight hours, coincided with critical game releases. Sony acknowledged the issue but did not provide a resolution timeline, causing user frustration and speculation about possible cyberattacks.
Feb, 8 2025