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BYBT stock market purchases $ 742 million in ET after $ 1.4B Hack

BYBT stock market purchases $ 742 million in ET after $ 1.4B Hack

Bibit exchange allegedly bought 266,700 ETE worth $ 742 million in two days, according to Blockcain’s Analytical Firm Lookchain.

The transactions occurred in days after the expenses of $ 1.4 billion, which took over the industry by surprise. Wallet associated with Bibit, identified as “0x2E45 … 1B77,” purchased 157,660 Etherum (El) -Worth approximately $ 437 million – from the cryptocurrent investment firms Galaxy Digital, Falconk and Wintermute through exceeded transactions. This wallet made its first transaction 22. February at 4:44 pm UTC.

Second wallet, “0kd7cf … A995,” was also involved In the purchase of ET 304 million dollars, conducted through centralized and decentralized exchange.

Although they are not formally recognized as part of Bibit, and VidonChain and Arkham intelligence show close ties based on transaction trends. Binance and MEXC wallet interactions and MEXC hot wallets further fuel rumors suggest a connection to exchange.

Purchases follow one of the largest CRIPTO Exchange hacking In history, in which the hacker used Bibit’s multisig cold wallet using a masked URL trick to manipulate contract logic and drain over 401,000 ETE. The attacker has started moving stolen funds in several wallets since then, which encouraged coordinated effort to freeze property.

Wrist effort Between the main ClocCchain Entities, it has already resulted in a freezed $ 42.89 million, at once from February, according to the post by Bibit. Platforms such as Tether, Thorchain, Avalanche, Coineks, Bitget and Circle, all played a role in recognizing and blocking the Blackstuffs in blacklists, limiting the attacker’s ability to mourn the attacker funds.

Despite Massive Huckovo, Bibit kept his financial stability, and the CEO Ben Zhou confirmed that all users were secure. According to LookonChain dataBibit received about 446,870 ETE, approximately 1.23 billion dollars, whales, loans and purchases of ETE “from Hake. 140 million dollars prize The exchange of security researchers and ethical hackers that help in the beautiful of stolen property was also offered.



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2025-02-24 07:38:00

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