Bybit CEO Confirms Exchange Was Hacked for $1.46B, Hitting Crypto Prices
2025-07-04 02:20:44
Description
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows . The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spec...
$ETH
$2544.17
--1.66%
$BTC
$108767.5
--0.51%
Latest News
- Bitcoin Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC2025-07-04 08:19:50
- Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam2025-07-04 07:11:57
- Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch2025-07-04 05:50:53
- BONK Surges 10% as Tuttle Capital Sets July 16 as Earliest Launch Date for Its 2X Leveraged ETF2025-07-04 05:50:03
- SEC Halts Grayscale Large Cap Fund Approval for 'Review'2025-07-04 05:50:02