3 months ago
Cryptocurrency speech Bybit has experienced $1.46 cardinal worthy of "suspicious outflows," according to blockchain sleuth ZachXBT.
The wallet successful question appears to person sent 401,346 ETH ($1.1 billion) arsenic good arsenic respective different iterations of staked ether (stETH) to a caller wallet, which is present liquidating mETH and stETH connected decentralized exchanges, etherscan shows. The wallet has sold astir $200 cardinal worthy of stETH truthful far.
Bybit CEO Ben Zhou wrote connected X that a hacker "took power of the circumstantial ETH acold wallet and transferred each the ETH successful the acold wallet to this unidentified address."
"Please remainder assured that each different acold wallets are secure. All withdrawals are normal," helium added.
"My sources corroborate it's a information incident," ZachXBT added connected Telegram.
$1.46 cardinal would equate to the largest cryptocurrency hack of each clip successful dollar terms, with $470 cardinal being mislaid successful the Mt Gox Hack, $530 cardinal successful the 2018 hack of CoinCheck, and $650 cardinal successful the Ronin Bridge exploit.
BTC and ETH dropped much than 1.5% and 2%, respectively, pursuing the transfers.
UPDATE (15:44 UTC, Feb. 21): Adds punctuation from Bybit CEO and details of humanities crypto hacks.
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