The Bybit cryptocurrency exchange said it was hacked on Friday.Bybit CEO Ben Zhou said the estimated loss stood at $1.5 billion.Analysts say it may be the biggest crypto hack ever. Here's what we know.

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

Over 400,000 ETH and stETH worth more than $1.5 billion were stolen from the Bybit cryptocurrency exchange. Cryptocurrency exchange Bybit on Friday said a cyberattack allowed hackers to steal roughly $1.5 billion worth of digital currency.

Hackers have stolen $1.5 billion in the biggest cryptocurrency heist. The attack targeted a cold wallet during a routine transfer.

Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,

Dubai-based crypto exchange Bybit has suffered one of the largest hacks in digital currency history, losing approximately $1.5 billion worth of Ethereum. The security breach led to a "bank run" exceeding $4 billion in withdrawals.

There has been another crypto heist and this time, it's the biggest one in history. Here's everything you need to know about the Ethereum theft.

The cryptocurrency market took a hit after Bybit suffered what is now the largest hack in industry history, with over $1.46 billion in Ethereum (ETH) and staked Ethereum (stETH) drained from the exchange.