$1.46 Billion Hack- Bybit CEO Confirms Exchange Breach
“On February 21, 2025, cryptocurrency exchange Bybit suffered a critical security breach, resulting in the theft of approximately $1.5 billion worth of ETH from one of its multi-signature cold wallets. Hackers masked the transaction, deceiving authorized signers into unknowingly approving a malicious smart contract modification. The stolen ETH was then transferred to an unidentified address, […]
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