Confuse the audience, the market was pulled too high yesterday, it looked unappetizing and unpleasant, so let's go with this hand directly 😂😂😂😂

Let me tell you
Let’s take a look at the whole story of the stolen currency incident!

After reading several reports, I found that they still failed to explain the matter clearly.
Here’s what’s going on:

To recap: On the evening of February 21, 2025, the cryptocurrency exchange Bybit suffered a serious security incident, which resulted in the loss of its Ethereum (
) Cryptocurrencies in multi-signature cold wallets were stolen.
Attack process:

The hacker tampered with the smart contract logic of the Bybit ETH cold wallet through complex attack methods. Specifically, the hacker used the front-end UI to deceive the multi-signature wallet to sign malicious content, thereby controlling a specific ETH cold wallet.