Bybit Faces $1.5 Billion Hack: ETH Multisig Cold Wallet Compromised
A serious security breach has been confirmed by Bybit, a top-tier cryptocurrency exchange. It resulted in a major loss of around $1.5 billion in digital assets. The breach appears to have focused on the exchange’s Ethereum (ETH) multisig cold wallet, and it has sent shockwaves of concern throughout the cryptocurrency industry…
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