
“Cyber Heist: $1.4B Stolen from Cryptocurrency Exchange Bybit”
Bybit, a cryptocurrency exchange, announced on Friday that a hack involving a cold wallet resulted in the theft of 401,346 Ethereum, valued at approximately $1.4 billion. Ben Zhou, the Chief Executive and co-founder, shared the news on X, clarifying that the breach affected only the Ethereum cold wallet, stating that the “warm wallet and all…