On February 21, 2025, the cryptocurrency exchange Bybit became the victim of a hacker attack, during which over $1.4 billion in staked Ether (stETH), Mantle Staked ETH (mETH), and other ERC-20 tokens were stolen. According to analyst ZachXBT, the funds were transferred through a multisignature wallet, after which the hackers masked the transfer to deceive the exchange's security system. Bybit's CEO, Ben Zhou, confirmed the incident, assuring that other cold wallets of the exchange remain secure and that withdrawals continue as usual.
2/22/2025 8:06:54 AM (GMT+1)
Bybit was subjected to a hacker attack, during which over $1.4 billion in staked Ether and other ERC-20 tokens were stolen
39
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
Australia does not plan to create a strategic cryptocurrency reserve, despite the USA's initiative to include XRP, Bitcoin, and others in the national financial reserve
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
The IMF demands that El Salvador stop purchasing Bitcoin by the government sector as part of a $1.4 billion agreement to reduce financial risks and regulate cryptocurrency
Congressman Brandon Gill proposed a bill to replace Benjamin Franklin with Donald Trump on the $100 bill to recognize his contributions to America
The Prime Minister of Vietnam has ordered the development of a legal framework for cryptocurrencies to create a legal basis for digital assets and support their development in the country
The court dismisses the lawsuit against DOGE by Elon Musk, allowing access to data from the U.S. Department of Treasury despite concerns about leaks of confidential information
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
