Bybit hacked for almost $1.5 billion in the biggest crypto theft ever
While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto.<br /> Bybit CEO Ben Zhou posted on X that the hacker took control of one of the exchange's cold (offline) wallets, manipulating a planned transfer and sending it to an unknown party. "The signing message was to change the smart contract logic of our ETH cold wallet," Zhou wrote. He [...]
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