Software & Apps

Byit CEO CEO confirmed the exchange of hacked for $ 1.46B, says his company can hide loss – TradingView News

Cryptocurency Exchange BYBit experienced $ 1.46 billion worth of “suspicious flowings,” According to Blockchain Sayuth Zachxbt.

The purse question appears to send 401,346 eth ($ 1.1 billion) as well as many other iterations in a fresh wallet, which is currently metrado in decentralized exchanges, decretalized exchanges, shows in deserscanzed. The wallet is sold at about $ 200 million worth of steth today.

Bybit CEO Ben Zhou wrote X that a hacker “controls the specified ethang cold wallet and moves all ETH to the Cold Age.”

“Please ensure that all other cold witlets are safe. All withdrawal is normal,” he added.

Zhou also said that “bybit solvent even if the loss of hack is not recovered, all clients’ assets are 1 to 1 losing loss.”

$ 1.46 billion is equivalent to the largest crypocurrency hack all the time in dollar terms, with $ 530 million in 2018.50 million in Ronin Bridge exploit.

BTC and ETH falls more than 1.5% and 2%, indeed, following transitions.

Update (15:44 UTC, Feb. 21): adds quotation from CEO details and details of historic strapped hacks.

Update (16:23 UTC, Feb. 21): Add comment from CEO to bybit on Solvency.


https://s.tradingview.com/static/images/illustrations/news-story.jpg

2025-02-21 20:15:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button