The $1.5B Bybit Hack, Crypto’s Largest Hack Ever

Indexed Podcast · Feb 27, 2025 · 59m

Today we're discussing the $1.5B Bybit hack and diving deep onchain.

In this episode we're discussing:

Cryptos history of hacks

Exchange hack mechanics

Solving hardware wallets/Safe UI

Multisig partners verification processes

Bybit outflows

Bybit comms response strategy

DeFi/Ethena impact

Oracle execution

Bybit’s crisis response

Tracing the hackers

Valuable insights from the hack

And much more—enjoy!

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This is a developing news story, here are relevant links to updates:

https://x.com/benbybit/status/1894768736084885929

https://x.com/pcaversaccio/status/1894773709996724403

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Timestamps…