401.000 ETH
WAS STOLEN
Bybit recently experienced a significant security breach resulting in the loss of approximately $1.5 billion worth of Ethereum. The incident occurred during a routine transfer from a cold wallet to a warm wallet, where hackers exploited the transaction to gain control of the cold wallet, transferring 401,000 Ethereum to an unknown address.
BIGGEST DIGITAL
HEIST EVER
The $1.5B Bybit hack is suspected to be by North Korea-backed Lazarus Group. Blockchain firms Arkham and Elliptic traced the stolen ETH to them, though the identity remains unconfirmed.
Bybit’s Big Ouch, But Funds Stay Safe!
Well, who knew the crypto world could be this dramatic? 😅 Despite losing $1.5 billion in the blink of an eye (ouch!), Bybit is still standing tall, assuring users, “Your funds are safe!” But honestly, it’s a bittersweet reminder that even the strongest walls can crack. Let’s just hope hackers stick to online games next time instead of emptying wallets.
