The black swan of the cryptocurrency world is coming! Bybit was robbed of $1.4 billion by hackers. Let me break it down this time!

The Bybit exchange suffered a shocking hacker attack, and about $1.4 billion of assets flew away. The stolen assets were mainly Ethereum and its related tokens. After investigation, it was found that the attack was carefully planned by the North Korean hacker group Lazarus Group. They used extremely complex means to cleverly manipulate a seemingly ordinary transaction and successfully transfer funds through a fake user interface. The whole process of committing the crime can be called a "high IQ crime".

Although the loss of $1.4 billion is one of the most serious security incidents in the history of the cryptocurrency industry, Bybit's latest financial audit brings a ray of hope: it still has solvency to cover all user assets. According to DefiLlama data, even in the case of an outflow of $2.235 billion caused by the attack, Bybit's verified assets on the chain are still as high as $14 billion, demonstrating its strong financial strength

Afterwards, Bybit responded quickly and immediately launched an investigation with a professional blockchain security team, and actively took measures to prevent hackers from selling stolen assets. Bybit CEO Ben Zhou publicly stated that the company has sufficient reserves, and even if it suffers such a heavy blow, it can still protect the safety of user assets and its solvency will not be affected. The entire cryptocurrency circle and major security agencies have paid close attention to this matter and have lent a hand to fully assist Bybit in maintaining the safety of user funds and industry reputation!

The attack originated from the complex manipulation of Bybit's ETH cold wallet. Hackers forged the user interface and induced multi-signature wallets to sign malicious transactions, thereby achieving a large amount of funds transfer. Looking ahead, although this incident has brought a huge impact on Bybit and the entire crypto industry, Bybit is expected to rebuild user trust with its strong asset support and transparent response measures. However, market sentiment is inevitably subject to fluctuations, and investors must remain vigilant and pay close attention to industry security trends and policy changes. This incident may become a catalyst for industry change, prompting more exchanges to strengthen security protection and promote the cryptocurrency industry to move forward in a safer and more transparent direction.

Bybit lost $1.4 billion in huge assets in a hacker attack, but it relied on strong reserves to protect user assets and demonstrate stable solvency.Therefore, safety first in the cryptocurrency world will never be out of date! #bybit被盗 $BTC