Crypto exchange Bybit confirms hack as over $1.4 billion worth of ETH leaves wallets
Description
CoinDesk details the confirmation of the hack by Bybit’s CEO, Ben Zhou, who explained that a malicious transaction, using a “masked” URL to alter smart contract logic, resulted in the loss of over $1.4 billion in ETH and related tokens. The article reassure that other wallets remain secure.
Publish date
Feb 21, 2025 - 7:54am