TLDR InfoSec · ATTACKS & VULNERABILITIES

CRYPTO EXCHANGE BYBIT SAYS IT WAS HACKED AND LOST AROUND $1.4B

techcrunch.com3 min read

Summary from the TLDR InfoSec newsletter

Crypto exchange Bybit has suffered a major hack, losing approximately $1.4 billion worth of Ethereum from a multisig wallet. CEO Ben Zhou confirmed the breach, which represents the largest crypto theft in history and potentially the largest single theft ever.