BybitUpdates

Crypto exchange Bybit said one of its wallets was hacked, resulting in what crypto analysts say is the theft of an estimated $1.5 billion worth of cryptocurrency. A hacker took control of one of Bybit's offline Ethereum wallets, the exchange's Chief Executive Officer Ben Zhou said in a post on X on Friday.

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📢 Bybit Suffers a Massive $1.4 Billion Hack!

➡️ Bybit’s founder reassures users that the exchange remains solvent and will fully cover the $1.46 billion loss on a 1:1 basis.

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📢Bybit just Got Hacked For $1.4 Billion.

➡️Bybit’s founder confirms the exchange is solvent and will cover the $1.46 billion loss 1:1.

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