Bybit’s $1.46 Billion Oopsie: The Biggest Crypto Heist Yet!

Bybit just experienced a $1.46 billion cryptocurrency heist—yes, billion with a B. An unknown attacker managed to manipulate their ETH cold wallet, making it the largest crypto hack in history. Rest assured, Bybit says all other cold wallets are secure, and client funds remain safe.

Hot Take:

Looks like Bybit got a visit from the digital Grinch, and he didn’t leave any cryptocurrency gifts behind. With $1.46 billion gone, this crypto heist is making “Ocean’s Eleven” look like a lemonade stand robbery. But don’t panic, folks—Bybit’s got this under control, and they’re calling in the blockchain Avengers to track down the elusive villain. Stay tuned for the next episode of “Hackbusters!”

Key Points:

  • Bybit crypto exchange hit by a $1.46 billion heist from an ETH cold wallet.
  • The hack involved manipulating the signing interface of a transfer transaction.
  • Security teams and forensic experts are on the case to track the stolen funds.
  • All other cold and warm wallets at Bybit remain secure and operational.
  • This incident surpasses the previous largest crypto theft of $620 million from Axie Infinity.

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