Crypto exchange Bybit confirms hack as over $1.4 billion worth of ETH leaves wallets
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Bybit has confirmed a hack as over $1.4 billion in ETH‑related tokens drained in a major security breach
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Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss," Zhou also posted
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This resulted Hacker took control of the specific ETH cold wallet we signed and transferred all ETH in the cold wallet to this unidentified address
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