Bybit Exchange Suspected of $1.4 Billion Hack
- Bybit exchange is suspected to have been hacked for over $1.4 billion.
- On-chain sleuth ZachXBT reported suspicious ETH outflows from Bybit.
- Certain addresses were identified as recipients of these ETH outflows.
- The exchange confirmed unauthorized ETH transfers due to masked UI spoofing accounts.
- Bybit assured that other wallets remained secure despite the breach.
The Bybit exchange reportedly suffered a hack involving over $1.4 billion in ETH, with suspicious outflows identified by ZachXBT and confirmed unauthorized transfers due to UI spoofing. Other wallets are reported secure by the exchange.
Source (2.6)https://coingape.com/bybit-suspected-to-have-been-hacked-of-over-1-4-billion/?rand=24432