Hackers steal US$1.46 billion from ByBit crypto exchange

Hackers stole a record US$1.46 billion from the Dubai-based Bybit cryptocurrency exchange on 21 February in the largest cyber heist in history, more than double the previous record US$611 million that Poly-Network lost in August 2021.

By Sara Lewis, in Brussels

Hackers stole a record US$1.46 billion from the Dubai-based Bybit cryptocurrency exchange on 21 February [2025] in the largest cyber heist in history, more than double the previous record US$611 million that Poly-Network lost in August 2021.