🚨Breaking News🚨: Bybit Exchange suffers a colossal $1.4B security breach!
💥Bitcoin and Ether prices plunge in the aftermath of the incident.
🛡️Bybit CEO Ben Zhou reassures users: Client funds are secure.
🔍Details of the Incident: The breach involved an attacker gaining control of an ether wallet and transferring funds to an unidentified address. Despite the magnitude, Bybit’s security teams are working tirelessly to investigate and resolve the issue.
🌐Impact on the Crypto World: The shockwaves from this breach have rippled through the cryptocurrency market, raising concerns about the security of digital assets.
📊Market Reaction: $BTC and $ETH prices experienced a significant drop, reflecting the heightened anxiety among investors.
#Bitcoin #Ether #Bybit #SecurityBreach #CryptoSecurity
Read more at: https://www.coindesk.com/markets/2025/02/21/bitcoin-ether-slumps-as-crypto-prices-crumble-on-report-of-massive-usd1-4b-bybit-security-incident
