Bybit suffers $1.4 billion hack, ETH drained from exchange wallet

Bybit exploited for $1.4 billion worth of ETH, CEO confirms. Despite the massive loss, Bybit remains solvent and can cover the losses, Ben Zhou said in a post on X. Bybit has suffered a major exploit, with a hacker stealing more than $1.4 billion worth of ETH and staked ETH. The crypto exchange’s CEO Ben […] The post Bybit suffers $1.4 billion hack, ETH drained from exchange wallet appeared... source: https://coinjournal.net/news/bybit-suffers-1-4-billion-hack-eth-drained-from-exchange-wallet/