$ETH Bybit was stolen from 1.47 billion US dollars of Ethereum. Will the cryptocurrency circle repeat the mistakes of FTX?"

Bybit exchange was stolen from 1.47 billion US dollars of Ethereum, setting a record for the largest single theft in the cryptocurrency circle. The hacker almost emptied all its Ethereum reserves. Previously, the world's largest exchange FTX had just completed the compensation, and bybit suffered this incident. The market sentiment instantly fell into panic, and a large number of users were busy withdrawing money from bybit.

From the perspective of bybit itself, as one of the top five in the industry, it has a solid foundation, with a capital reserve of more than 20 billion US dollars, Bitcoin holdings of 6.8 billion US dollars, and Tether of more than 4 billion US dollars. Although the amount of 1.47 billion US dollars is huge, it is not enough to hurt the bones.