Bybit has confirmed a hack as over $1.4 billion in ETH‑related tokens drained in a major security breach
Name
Bybit has confirmed a hack as over $1.4 billion in ETH‑related tokens drained in a major security breach
Description
The Singapore‑based crypto exchange Bybit suffered one of the largest hacks in history, with over $1.4 billion in ETH-related tokens stolen from its cold wallet. CEO Ben Zhou confirmed the breach but assured customers that other wallets remain secure and that all withdrawals continue as normal.
Publish date
8:40am, Friday, February 21, 2025