Crypto Exchange bybit said it was hacked, resulting in an estimate of analysts the loss of almost $ 1.5 billion ($ 2.4 billion) in the highest thefts ever experienced in this industry.
Hacker took control of one of Ethereum’s offline wallets offline, said Ben Zhou, General Director of Ben Zhou on Friday (Saturday) in X.
According to the analyst analyst ZacxBT on the telegram, the estimated $ 1.46 billion has leaked out of the wallet in a number of suspicious transactions.
The research company Arkham Intelligence confirmed from the exchanging outflow of approximately $ 1.4 billion and published on X that “the funds began to move to the new addresses where they are sold”.
According to Blockchain Analytics Eliptic, Hack is the largest cryptode theft that in 2021 surpassed the stolen Poly network network that was stolen from Poly Network. Executive chairman of the security company Blockchain Halborn.
Zhou went on a live stream on the X -Social Media platform in an effort to alleviate clients’ concerns about hack. The exchange required bridge loans with partners and provided about 80 percent of the financing needed to cover the loss, he said. At the same time, Bebit will try to restore funds and take the necessary legal steps against hackers.
“Your money is safe and our withdrawals are still open,” he said on a living stream, appearing in a black T -shirt with the Bybity logo. He added that after a hack, the stock exchanged more than 70 % of all download requirements. The exchange currently does not buy any ether to cover the stolen assets on the platform, he added.
The company is founded in 2018 and is one of the largest cryptome exchanges in the world and processes more than $ 36 billion in the daily average volume of trading. The Dubai -based platform, which is not available in the US, had about $ 16.2 billion before hacking, according to CoinMarketcap reserves, which is the stolen Ether equivalent of about 9 % of its total assets.
Ether slipped up to 6.7 % from its maximum day to the initial telegram post on the incident. Other cryptocurrencies were also lower, with bitcoins declining almost 3 percent of the high day.
USE Ethena Labs, a popular token among Krypto traders acting as a “synthetic dollar”, briefly lost its individual value to trade around 98 cents, according to Coingecko data. The project stated that although it carries out some trading on Bybit, it remains fully secured.
Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss.
— Ben Zhou (@benbybit) February 21, 2025
