Hacking attack on Bybit exchange: $1.46 billion stolen

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The cryptocurrency world has witnessed another major hacking attack. One of the largest crypto exchanges in the world, Bybit, was hacked and a total of $1.46 billion was stolen. This was reported by Bloomberg.

How was the attack carried out?

According to the Bybit team, the hackers illegally gained access to one of the Ethereum “cold wallets”. They managed to obtain signatures for transactions using a fake user interface and changes to smart contracts. This allowed them to transfer funds to their own addresses.

Official statement from the company

Bybit representatives confirmed the attack and assured the exchange of the security of its remaining cold wallets. According to them, customer funds are protected and the exchange continues to operate without any problems. The official statement reads:

“We would like to assure our users and partners that the remaining assets on Bybit are completely safe. Our operations are continuing as usual without any interruptions.”

Who carried out the attack?

According to estimates, the attack was carried out by the notorious North Korean hacking group Lazarus. This group has been known for its repeated attacks on cryptocurrency exchanges and financial platforms.

The hacking attack on the Bybit crypto exchange has once again proven how important security is in today's digital financial system. It is very important for crypto investors to strengthen security measures and protect their assets. Fans continue to watch how this incident will affect Bybit and the entire cryptocurrency market. Follow “Zamin” news on “Telegram”