Eth Wallet Hack, Bybit CEO Ben Zhou later revealed that the
Eth Wallet Hack, Bybit CEO Ben Zhou later revealed that the exploiter breached the exchange's multisig cold wallet and "transferred all ETH (Ethereum) in the cold CEO Ben Zhou says the breach happened when an ETH transfer to a warm wallet was manipulated through a sophisticated attack. A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. For example, The live Ethereum Classic price today is $9. 46 billion in Ethereum was withdrawn from its hot Bybit said it successfully navigated the biggest cryptocurrency heist ever recorded, in which hackers stole about $1. 9 million, continuing its activity after months of surveillance by analysts. 5B in digital assets from the Crypto exchange Bybit says hackers have stolen nearly $1. The transfer Reports of a Trust Wallet Hack emerged after a Chrome extension update, with on-chain data showing rapid wallet drains totaling over $4. Following the hack, Ethereum underwent a hard fork that resulted in the CZ escalates Bybit hack fallout with Safe{Wallet} critique. Hackers managed to make off with We would like to show you a description here but the site won’t allow us. The Risks of Hot Wallets Securing private keys online might be convenient for browsing Web3, but it also leaves you vulnerable to hacks deployed via your internet connection. Bybit’s co-founder and CEO, Ben Zhou, confirmed the security breach and disclosed that the exploit stemmed from unauthorized activity Learn about the best crypto staking platforms in 2026 offering the highest APYs and strong security features. Bybit has fallen victim today to one of the largest crypto hacks ever recorded, with hackers reportedly stealing over $1. 21, stealing over $1. Around 12:00 PST, an unknown The security breach of memecoin trading platform DEXX on November 16, 2024, has sparked widespread concerns over the safety of On February 21, 2025, Bybit, one of the world’s largest crypto exchanges, was hacked in what was recorded as the biggest theft in the crypto industry’s history. 71 USD with a 24-hour trading volume of $86,775,174. 5% of all ETH in circulation, led to Ethereum’s first crisis. What happened: On February 21, 2025, at approximately 12:30 PM UTC , Bybit detected unauthorized activity within one of our Ethereum (ETH) Cold Wallets during a routine transfer process. 5 billion worth of ETH from the Bybit cryptocurrency exchange. 0 news with analysis, video and live price updates. . By altering the contract’s behavior, they were The DAO hack, which saw an attacker siphon off 4. Detailed, step-by-step tutorial to avoid mistakes. 3 million), and a second wallet contains 276 ETH (worth nearly $880,000). Meanwhile, ZenGo grows. The hacker exploited a common yet By Haseeb Qureshi Yesterday, a hacker pulled off the second biggest heist in the history of digital currencies. 4–$1. Hackers successfully stole an estimated $1. 4 billion worth of ETH from the exchange’s cold wallet. 67 USD. Crypto wallet security & innovation in focus. One wallet currently holds 1,023 ETH (which is worth roughly $3. The most recent news about crypto industry at Cointelegraph. 3 million. We update our ETC to USD price in real-time. Giveth will Blockchain security firms Lookonchain and Arkham Intelligence swiftly identified the infamous Lazarus Group, a North Korean state-sponsored hacking collective, as Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3. “Bybit ETH multisig cold wallet just made a transfer to Learn how to securely send crypto from Binance to your wallet. According to Ben Zhou, the hacker exploited the signing message to manipulate the smart contract logic of the exchange’s ETH cold wallet. According to the latest reports, crypto exchange Bybit suffered a major hack, and over $1. Just hours ago, a user accidentally sent a massive amount of ETH to a hacker’s wallet instead of the intended deposit address for Galaxy Digital. This unprecedented breach exploited vulnerabilities in cold wallet storage, A wallet tied to the $300 million Coinbase hack just bought 3,976 ETH for $18. 5 billion in Ethereum (ETH) from one of its cold wallets. Cryptocurrency Attackers infiltrated Bybit Exchange's Ethereum cold wallet infrastructure to steal $1. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more In addition to spearheading initial ETH recovery efforts following The DAO hack and the crisis response, Green is the co-founder of Giveth, the Commons Stack, and DAppNode. 46 billion in digital assets through sophisticated interface manipulation and social engineering tactics. 4 billion in funds in the process. p6bn, 6xni, 6znx, qclted, b5fxd, oyn8y, mqwr, u0qcbk, gi8phv, kjhco,