BYBIT has been hit by a cyberattack targeting its cold Ethereum wallet, stealing around $1.4 billion worth of ETH and stEHT, according to ZachXPT , with attackers able to manipulate the signature interface to redirect funds. Fortunately, the hack is limited to the wallet so far and has not spread to other wallets, but the situation still requires caution ✳️

💢Try to be safe:✔️

1. Protect your funds: If you are worried, you can temporarily withdraw your funds from the exchange until the situation stabilizes.

2. Secure your coins: Transferring assets to a safer external wallet may be a good option to avoid any potential risks.

3. Don’t rush to sell: In times like these, avoid selling at a loss. Wait until things calm down and the market stabilizes.

💢What is the impact of this news on the market?💔

The news is actually very negative and fear is spreading in the market and negatively on Ether in particular, but Bitcoin's interaction with the news during the coming period will give an indication either of the strength and stability of Bitcoin and our great approach to the Bull Run stage or its weakness, delay and drift towards negativity, so we follow the movement of Bitcoin and update you. But the market is currently dangerous and volatile due to the selling operations. We need at least a period until the market conditions stabilize.