🚨 Historic Bybit Hack: Over $1.4 Billion in ETH Stolen 🚨

Today, February 21, 2025, the Bybit exchange suffered one of the largest hacks in cryptocurrency history. An attacker managed to drain 401,346 ETH (valued at over $1.4 billion) from one of its cold wallets using a sophisticated phishing attack that tricked signers with a fake interface.

Immediate consequences:

📉 The price of Ethereum fell by more than 4% after the liquidation of part of the stolen funds.

😱 Confidence in centralized exchanges is shaken, reminding us of the importance of security.

🛡️ Bybit assures that the remaining funds are safe and withdrawals are still operational, but the damage is already done.

What now? This incident could lead to improvements in the security of crypto platforms, but it also opens the door to speculation and "smart guys" trying to take advantage of the panic to buy cheap. Stay calm and don't get carried away by FUD.

#Crypto#Bybit#Hacking#Ethereum