Bybit Exchange Suffers Major Hack, Losing $1.5 Billion in Tokens
Bybit, a prominent cryptocurrency exchange, has been targeted in a significant security breach.
Analysts estimate that the hack resulted in the loss of nearly $1.5 billion ($2.4 billion) worth of tokens.
This incident represents one of the largest thefts ever recorded in the cryptocurrency sector.
A hacker gained control of one of Bybit’s offline Ethereum wallets, according to a post on X from the exchange’s chief executive, Ben Zhou.