Bybit Faces $700 Million in Net Outflows Following Massive Hack, DefiLlama Founder Reports

The aftermath of the Bybit hack continues to unfold, as DefiLlama founder 0xngmi revealed that user withdrawals have resulted in a net outflow of $700 million as of February 22. The staggering outflows highlight the growing concerns among traders and investors following the $1.4 billion exploit of Bybit’s ETH multi-signature cold wallet. source: https://www.binance.com/en/square/post/20616969448858?utm_source=BinanceNewsRSS