In this video, we dive into the recent security breach at Bybit, where a sophisticated hacker exploited a vulnerability in the exchange’s ETH cold wallet.
The attack involved manipulating a multisig cold wallet’s transaction, leading to the unauthorized transfer of over $1.5 billion in assets to an unidentified address.
Bybit’s security team is working alongside top blockchain forensic experts to track down the stolen funds and understand how this breach occurred. Stay tuned as we provide an in-depth look at the incident, what we know so far, and the steps being taken to recover the stolen assets.
If you’re a blockchain analyst or expert, Bybit is open to collaboration to trace and recover the funds.
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Disclaimer: This video is for informational purposes only and should not be considered as financial advice. Please do your own research before making any investment decisions.
