Following a security breach on its platform on Friday, crypto exchange Bybit announced that it suffered a hack where an attacker compromised one of its ETH wallets. The unidentified attacker has stolen about $1.44 billion worth of ETH, stETH, cmETH and mETH, splitting them across several wallets, per Nansen data.

Crypto traders woke up to big wins and bigger losses on Friday. Just as Coinbase celebrated the SEC dropping its lawsuit, Bybit got drained of $1.5 billion,