Bybit Faces Major Security Breach: Over $1.1 Billion in ETH Stolen
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Bybit Faces Major Security Breach: Over $1.1 Billion in ETH Stolen

February 21, 2025
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In a shocking turn of events, crypto exchange Bybit has suffered a massive security breach, resulting in the loss of 401,346 ETH (worth approximately $1.13 billion) from its cold wallet. The attack was carried out through a deceptive transaction that tricked wallet signers into approving a change in smart contract

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