Bybit Founder Says $1.4B ETH Hack May Stem From Safe Wallet Compromise
Bybit founder Ben Zhou has raised concerns that multisig wallet provider Safe may have been compromised, allowing hackers to ...
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ZachXBT: $1.46B flowed out of Bybit Ethereum (ETH) cold wallet
Bybit's Ethereum cold wallet was drained in a transaction upgrade attack, draining $1.46B in funds. The exchange remains solvent and will continue operations, as only one multisig wallet was affected.