🚨 Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms 🚨

A significant hack hit Bybit’s Ethereum cold wallet, with blockchain data revealing that about $1.4B has been withdrawn—of which $200M has been liquidated on decentralized exchanges. Bybit CEO Ben Zhou confirmed the incident, noting that ether dropped by 4% following the transfers. In total, the suspicious outflows have reached $1.46B, marking one of the largest crypto hacks in history.

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