Cryptocurrency exchange Go through Friday, February 21) that a cyberatcker had stolen some of his assets.
In its articles on X on the incident, the company did not say how much was taken.
Bloomberg reported Friday, analysts estimate the loss of nearly $ 1.5 billion in chips.
Rob BehnkeCo-founder and executive president of the Blockchain Security Company Halborntold Bloomberg that hacking was probably the “biggest incident of all time, not just crypto”.
Said bit in a said in a job On X that the attacker was able to transfer some of the company’s assets to an unidentified address after taking control of one of the cold Ethereum (ETH) portfolios of Bybit when he executed a transfer to one of his hot wallets.
The appeal detected an unauthorized activity involving one of our ETH wallets and cold. The incident occurred when our COLD Multisig ETH portfolio has executed a transfer to our hot portfolio. Unfortunately, this transaction was manipulated by a sophisticated attack which masked the signature …
– bybit (@bybit_official) February 21, 2025
The company’s security team works with blockchain judicial experts to investigate the incident and trace the assets, according to the post.
“We want to assure our users and partners that all the other cold Bybit portfolios remain fully secure,” said the post. “All customer funds are safe and our operations continue as usual without any disruption.”
Later, Subudity republished A co-founder position and CEO Ben Zhou That said: “Parbit is a solvent even if this loss of hacking is not recovered, all customers’ assets are supported from 1 to 1, we can cover the loss.”
Bybit is a solvent even if this loss of hacking is not recovered, all customers’ assets are supported from 1 to 1, we can cover the loss.
– Ben Zhou (@benbybit) February 21, 2025
Bloomberg said Zhou said that during a live broadcast on X that Bybit’s withdrawals were still opened and that the exchange had processed more than 70% of the withdrawal requests it received after hacking.
According to the report, Bybit is one of the greatest exchanges of cryptography in the world, has its seat in Dubai and is not available in the United States, according to the report.
With around 16.2 billion dollars of assets on its scholarship before being hacked, stolen tokens amounted to approximately 9% of its total assets, according to the report.
Bloomberg reported on Friday later that the prices of the two largest cryptocurrencies – Bitcoin and Ether – plunged while the traders reacted to the new piracy in Bybit but remained in the range to which they exchanged this month.
This news occurred a month after Bybit said that his Bybit compensation solution is Live in Brazil And fits into the Brazilian Pix instant payment system, allowing users to make payments in fiduciary and cryptocurrency currency.
The news also came on the same day of cryptocurrency exchange Jamming said that staff in the United States Commission of securities (Sec) agreed in principle to reject the agency’s application file against it.
