**đ¨ Breaking News: $1.44 Billion ETH Stolen in Bybit Breach đ¨**
In a shocking turn of events, Bybit CEO Ben Zhou revealed that a **multi-signature transfer flaw** led to the theft of **$1.44 billion in Ethereum**. During a live broadcast, Zhou admitted he was the last to sign the transaction using a Ledger device but failed to notice a critical errorâ**the delivery address wasnât displayed correctly**.
The fallout? **4,000 withdrawal applications are now frozen**, leaving users in limbo and the crypto community on edge. This breach isnât just a wake-up call for Bybitâitâs a stark reminder for the entire industry.
**Key Questions:**
- Are multi-signature protocols enough to secure billions in assets?
- How can we prevent human error from causing catastrophic losses?
- What steps should exchanges take to rebuild trust and enhance security?
This incident highlights the urgent need for stronger safeguards, better transparency, and innovative solutions in crypto security. Letâs turn this setback into a catalyst for change.
đŹ **What do you think exchanges should do to prevent the next big breach? Share your thoughts below!**
