Cryptocurrency Exchange Refuses to List Pi Network Hacked for Nearly $1.5 Billion
Bybit Exchange was hacked, stealing $1.46 billion ETH, becoming the largest hack in cryptocurrency history. Hackers intervened in smart contracts, took control of cold wallets and transferred all ETH to an unknown address. The incident caused panic and massive withdrawals, but Bybit pledged to secure user assets. Binance founder recommends temporarily suspending withdrawals to ensure security. The attack is suspected to be related to the Lazarus hacker group. Previously, Bybit caused controversy when it refused to list Pi and warned about Pi Network.
