{"id":14585,"date":"2025-02-23T18:42:11","date_gmt":"2025-02-23T18:42:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14585"},"modified":"2025-02-23T18:42:11","modified_gmt":"2025-02-23T18:42:11","slug":"financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates-cyber-and-emerging-technologies-unit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14585","title":{"rendered":"Financial Crime Weekly: $1.4 Billion Ethereum Stolen In Largest Crypto Hack Ever, SEC Creates Cyber And Emerging Technologies Unit"},"content":{"rendered":"<div>\n<p><strong>$1.4 Billion Ethereum Stolen In Largest Crypto Hack In History<\/strong><\/p>\n<p>Cryptocurrency exchange<strong> Bybit<\/strong> suffered a major breach on Friday which resulted in the theft of $1.4 billion<strong> Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>). The incident is considered the largest cryptocurrency hack in history, surpassing the 2021 Poly Network<a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43886224\/bybit-founder-confirms-1-4-billion-ethereum-hack-blames-masked-transaction\"> hack of $611 million.\u00a0<\/a><\/p>\n<p>The attack, which targeted Bybit\u2019s Ethereum cold wallet, resulted in the loss of 401,347 ETH ($1.12 billion), 90,376 stETH ($253 million), 15,000 cmETH ($44 million), and 8,000 mETH ($23 million), <a href=\"https:\/\/x.com\/OnchainLens\/status\/1892964703263244377\">according<\/a> to Onchain Lens.<\/p>\n<p><strong>Read Next: <\/strong><a href=\"https:\/\/www.benzinga.com\/general\/market-summary\/25\/02\/43884153\/us-services-drop-sharply-darkening-picture-of-high-prices-uncertainty-economist-says\"><strong>US Services Drop Sharply: \u2018Darkening Picture\u2019 Of High Prices, Uncertainty, Economist Says<\/strong><\/a><\/p>\n<p>Following the discovery of the theft, Bybit launched a recovery bounty program with a reward of up to 10% of the recovered funds to ethical cyber and network &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/government\/regulations\/25\/02\/43903335\/financial-crime-weekly-1-4-billion-ethereum-stolen-in-largest-crypto-hack-ever-sec-creates\" alt=\"Financial\" crime weekly: billion ethereum stolen in largest crypto hack ever sec creates cyber and emerging technologies unit>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>$1.4 Billion Ethereum Stolen In Largest Crypto Hack In History Cryptocurrency exchange Bybit suffered a major breach on Friday which resulted in the theft of $1.4 billion Ethereum (CRYPTO: ETH). The incident is considered the largest cryptocurrency hack in history, surpassing the 2021 Poly Network hack of $611 million.\u00a0 The attack, which targeted Bybit\u2019s Ethereum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-14585","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14585"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14585\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}