Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers believe North Korean hackers were likely responsible.

A hacker took control of one of Bybit’s offline Ethereum wallets, the exchange’s Chief Executive Officer Ben Zhou announced in a post on X on Friday. An estimated $1.46 billion in assets

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