🚨 Bybit Hack: 401,000 ETH ($1.5 billion) Stolen 🚨
🔹 What happened?
On February 21, 2025, the Bybit exchange was subjected to a hacker attack. Hackers exploited a vulnerability during the transfer of funds between wallets and stole 401,000 ETH.
🔹 Bybit's response
✅ The exchange stated that all customer funds are safe
💰 A reward of 10% was announced for assistance in recovering the funds
🔹 Discussion of rolling back the Ethereum network
📉 The idea of a "rollback" of the blockchain was rejected to avoid undermining trust in decentralization.
🔹 How did this affect the market?
Ethereum fell by 4%, but quickly recovered.
🔹 How to avoid this?
🔑 Use multi-signature for large transfers
🛡️ Do not store large amounts on exchanges – diversify assets
⚠️ Check links, smart contracts, and sources of information
⚠️ Conclusion: Strengthening security is key to protecting digital assets.