#Cryptocurrency theft of £1.1bn could be biggest ever, says Bybit
> After the theft, the value of Ethereum fell by around 4% on Friday, leaving it worth $2,641.41 (£2,090) per coin.
> The scale of the theft would exceed a previous record, which was a $620m (£490m) heist of #Ethereum and USD Coin from the Ronin Network in 2022.
> Bybit was founded in 2018. US President Donald Trump and former Paypal chief Peter Thiel were reportedly among its early investors.
https://www.bbc.com/news/articles/cx2844nvwx8o #Bybit
> After the theft, the value of Ethereum fell by around 4% on Friday, leaving it worth $2,641.41 (£2,090) per coin.
> The scale of the theft would exceed a previous record, which was a $620m (£490m) heist of #Ethereum and USD Coin from the Ronin Network in 2022.
> Bybit was founded in 2018. US President Donald Trump and former Paypal chief Peter Thiel were reportedly among its early investors.
https://www.bbc.com/news/articles/cx2844nvwx8o #Bybit
Cryptocurrency theft of £1.1bn could be biggest ever, says Bybit
Dubai-based Bybit said it could afford to reimburse customers and that it was working to find the hackers.Faarea Masud (BBC News)
