🔥1.44 billion US dollars vanished into thin air! Bybit's "perfect theft" ripped open the emperor's new clothes of DeFi
The price of ETH was still fluctuating slightly in the early morning, and a silent nuclear explosion had destroyed half of the pledge empire - 400,000 ETH and 90,000 stETH were stolen, and 1.44 billion US dollars of funds evaporated! What's more ironic is that this disaster happened on the Bybit exchange, which claims to be "top security".
💔Behind the bloody numbers
- 400,000 ETH≈a niche protocol ranked 27th in Bitcoin market value;
- 90,000 stETH≈1.2% of the volume of Lido's pledge pool;
- More than 67 million US dollars of derivatives were instantly cleared on the DeFi chain.
🤔A terrifying loophole
The hacker bypassed the two-factor authentication and directly stole the private key of the hot wallet! This accident completely exposed the fatal weakness of centralized exchanges: we can never control our own money.
🚨Take action now
1️⃣ Check all exchange account authorization permissions;
2️⃣ Enable hardware wallet secondary verification;
3️⃣ Stay as far away from DeFi staking products as possible.
💬The blood on the chain has not dried yet, who will be the next prey?
Write your anti-fraud experience in the comment area
