“The worst penetration in history” at $ 1.5 billion in the stolen cryptocurrency Money News
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Upperimnia highlights concerns about the security of the encryption industry
Anyone who owns Crypto may feel nausea slightly after the biggest theft by infiltrators.
Bybit is the second largest exchange of encrypted currencies. He could have had accurate security protocols.
However, their systems have been hacked in one way or another, personality, or an unidentified group that has not yet been identified about 1.1 billion pounds of assets.
The violation occurred while the company transferred a routine to Ethereum, the second largest encrypted currency after Bitcoin, from the “cold” portfolio in a non -connection mode at the connected level to its highest “warm” wallet that covers daily trading.
Transfer needed multiple checks and signatures before moving forward. However, it seems that the attackers have collected the real destination of the money, and they disappeared.
Forensic medicine investigators try to track the assets, and perhaps even recover them.
They will also look for how to penetrate the company’s security.
The walls of the protection are increasingly sophisticated, and holding infiltrators in the Gulf. So instead, criminals often run their attack on humans. We are the weak point, vulnerable to social engineering and hunting.
The last stolen concerns about the security of the cryptocurrency industry.
According to Blockchain Analysists, there were 303 piracy accidents in 2024, with assets worth $ 2.2 billion stolen.
Bybit says customer money is covered, either through its assets or other loans.
But many people will be uncomfortable, especially since the encryption platforms are not largely organized, unlike banks. There are no guarantees from people who recover their money.
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