
PH Developer on Bybit Hack: A Classic Case of Social Engineering
Paul Soliman, the chief executive officer of BayaniChain, explained how the recent hack of cryptocurrency platform Bybit is a classic example of a social engineering scheme. How Did the Bybit Hack Happen? The Bybit hack, one of the largest in crypto history, resulted in the theft of $1.46 billion. Arkham Intelligence revealed that hackers from…