Bybit Hack Exposed: Global Manhunt for Stolen $1.5B in ETH
The crypto world is reeling from one of the most daring cyber heists in history. On February 21, 2025, hackers drained a staggering $1.5 billion in ETH from Bybit, exposing critical security flaws in systems once deemed impenetrable. The attackers manipulated a vulnerability in the user interface, deceiving multisig wallet signers into authorizing fraudulent transactions. This breach serves as a stark reminder that even the most advanced security measures can fall prey to sophisticated social engineering tactics.