ByBit has suffered a major security breach. 401,346 wrapped $ETH (~$1.1B) was withdrawn from an exchange wallet and immediately swapped for regular ETH on DEX.
ByBit’s CEO confirmed that a hacker gained control of a cold Ethereum wallet and moved all ETH to an unknown address. 👀
🔎 ZachXBT also flagged this as a confirmed hack.
Stay alert – more updates to come! ⚠️
