‘This will happen again’ – DL News

Bibit, the market is The third largest Cripto ExchangeIt was almost $ 1.5 billion in Ethereum on Friday Friday Friday.

Onchain Activity showing The hacker sold stolen funds in the past hours.

“Please ensure that everyone else is a cold wallet. Everyone retreats are normal,” Ben Zhou, General Manager of Bitibit said.

The hacker acquired access to the ETRA in a cool stock market – safe, offline warehousing network for the maintenance of cryptocurries – and sent funds to an unidentified address.

“BITIBIT’s ETH MultiSig Cold Wallet is threatened through a deceived transaction that deceived the signature unconscious approval of a malicious logical change,” Meir Dolev, KoOsnivor and CTO Civersa, said DL News.

In a later statement, Zhou said“Bibit’s solvent even if this loss of hacks don’t recover. All customer property is subject to 1 to 1. We can cover the loss.”

Before today’s hack of today, the largest hack in the crypto industry was exploit Ronin Network 23. Marta 2022. years, resulting in a loss of 600 million dollars.

Bibit did not immediately respond to additional comment requests.

‘This will happen again and again’

Taylor Monahan, the Lead Researcher in Cript’s Washet Metamask warn warned that the threat he had shot down Bibit the same as many other high high-profiles attack.

“No one was preparing to attack the vector,” she said DL News. “This will happen again and over again.”

Monahan pointed to attacks on CRIPTO Exchange Vazirk, decentralized autonomous organizations dazzling, and crypto cripto in Japan, and Bitcoin based in Japan, followed a similar pattern.

Vazirk was hacked for $ 235 million In July 2024. years, the air was hacked $ 50 million In October 2024. years, and DMM Bitcoin was made $ 308 million lighter in December 2024. years.

In any case, the attackers could deal with security measures to repeat the version of the crypt’s wallet of each project, but the coat of the wallet seemed to the original owners.

“You can’t see that,” Monahan said. “Fucking falsifies the damn frontend.”

Liam Kelly is a Berlin Reporter for DL News. You have the top? Send it by email at liam@dlnews.com.