#BybitSecurityBreach Bybit founder on attack Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from @safe . However the signing message was to change the smart contract logic of our ETH cold wallet. This resulted Hacker took control of the specific ETH cold wallet we signed and transfered all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure. All withdraws are NORMAL.
I will keep you guys posted as more develops, If any team can help us to track the stolen fund will be appreciated.
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Binance and Cryptoсоm are losing market share to smaller rivals, while decentralized exchanges (DEXs) are gaining momentum
⚫️ Binance's spot market share fell from 52.5% to 39.5% in a year. ⚫️ Bybit surged to 8.51% market share, becoming the second-largest exchange. ⚫️DEX trading volumes grew, surpassing $250bn in March and June. ⚫️Despite losses, Binance still handled over $22.5tr in trading volume.