
Crypto Exchange Bybit Hacked, $1.4 Billion Stolen
Bybit, a cryptocurrency exchange, was breached with over $1.4 billion in liquid-staked Ether. Ben Zhou, the CEO, and co-founder of Bybit gave an update on the security vulnerability. Zhou verified that a transfer had been performed from the exchange’s multi-signature wallet to a warm wallet. The CEO claimed that the transaction was disguised to look…