🚨 Bybit Security Breach: $1.4B in ETH Stolen! 🔥💰
One of Bybit’s ETH cold wallets was compromised in a sophisticated attack that manipulated the signing interface! 🕵️♂️💻
🔍 Key Details:
🔹 $1.4 Billion in Ethereum stolen 💸
🔹 Attackers altered the smart contract logic while keeping the correct address visible ⚠️
🔹 Bybit assures client funds are safe and withdrawals remain unaffected ✅
💡 With crypto security threats on the rise, how can exchanges strengthen cold wallet protection?
🛡️ Possible Solutions:
✅ Multi-Signature Security – More approvals, less risk 🔑
✅ Air-Gapped Cold Wallets – Stay completely offline 🚫🌐
✅ Regular Security Audits – Identify weaknesses before attackers do! 🔍
✅ Hardware Security Modules (HSMs) – Extra layer of encryption 🔒
⚡ Is this a wake-up call for crypto platforms? Share your thoughts below! 👇💬
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