Bybit: Cold Porter bybit: $ 1.46 billion stolen in one of the largest exchange thefts in the encrypted currency

Coded exchange Pipe It was hacked, which led to the loss of an encrypted currency of approximately $ 1.5 billion. It is reported that this is one of the largest encryption breakthroughs in history.CEO of the company Ben Chu The attack confirmed, and said that one bybit is not connected to the Internet ethereum The governor was seized by the infiltrator. About $ 1.46 billion is stored away in a series of transactions.

Ethereum prices decreased

Ethereum prices fell after the news, according to Business Insider.

The infiltrator dropped about 200 million dollars from Staped ether (Steth) on decentralized exchanges. This led to a 4 % decrease in the ETHEREUM price.

According to Coingecko, the price of encoded currency decreased by 2.4 percent to 2,668.18 dollars.

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Ben Zhu penetrated Beetb

The CEO of a series of publications separating the attack and reiterated that only one of the ETHEREUM governor not connected to the Internet was hacked. Ben Chu claimed that the hot wallet bybit, as well as the warm wallet and all other unconnected wallets were good and that all of the withdrawals were normal. He added that the matter was investigated, according to Reuters.

In another post, he stated that bybit was a solvent, so even if the amount was not recovered from the attack, the assets of all customers were one to one, so that the loss can be covered.

How did a penetration bybit occurred?

According to reports, the attack was first marked by Blockchain Zachxbt analyst. The striker moved 401,346 ETH, which is estimated at about $ 1.1 billion, as well as Megaeth (Meth) and STTH-Usd in a new portfolio. Then they started filtering the money.

The largest transparency penetration in history?

If the full loss is confirmed, this may be the biggest penetration of encryption exchange.

The famous attacks earlier include the exploitation of Ronin Bridge ($ 650 million), Coincheck ($ 530 million) and MT. Gox ($ 470 million).

DMMCOIN was also informed in Japan and the exchange of Wazirx Crypto in the attacks last year. Wazirx recorded a loss of $ 235 million, while $ 305 million from DMCOIN was stolen.

According to a report issued by the Blockchain Analysis Company in December 2024, the money that was stolen by attacking the cryptocurrency platforms at 21 percent on an annual basis.

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In 2024, encryption assets were stolen at a value of $ 2.2 billion. The stolen money exceeded one billion dollars for the fourth year in a row. According to the report, the incidents of psalm exchange have been set over the coming years.

Common questions

1. What is Ethereum?
It is Blockchain that operates decentralized applications. It has an encrypted currency called Ether (ETH).

2. What is bybit?
Bybit is an encrypted currency exchange that meets more than 60 million users worldwide.