funds

Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds

by Lorenzo Franceschi-Bicchierai
February 26, 2025
I.T. Today
2 min read

Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties…

CoinSwitch sues WazirX to recover trapped funds

by Manish Singh
August 28, 2024
I.T. Today
2 min read

CoinSwitch, a prominent Indian cryptocurrency exchange, is suing rival platform WazirX to recover trapped funds, revealing the scope of the damage wrought by a cyber attack at WazirX that resulted in $230 million worth of…