Close Menu
Cryprovideos
    What's Hot

    Crypto Information: Brian Armstrong Busts Fable: Crypto Isn't Only for the Wealthy

    October 21, 2025

    Market Information: China Unleashes Digital ID: Energy to Monitor Each On-line Transfer

    October 21, 2025

    What BitMine Sees in ETH That You Would possibly Be Lacking

    October 21, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»BREAKING: Bybit Reportedly Hacked as Over $1.4B in Crypto Drained
    BREAKING: Bybit Reportedly Hacked as Over .4B in Crypto Drained
    Crypto News

    BREAKING: Bybit Reportedly Hacked as Over $1.4B in Crypto Drained

    By Crypto EditorFebruary 22, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bybit, one of many main cryptocurrency exchanges, has reportedly suffered a serious safety breach, with over $1.4 billion price of digital property drained from the platform.

    The incident was first delivered to mild by blockchain investigator ZachXBT, who revealed that enormous quantities of ETH, stETH, cmETH, and mETH have been moved out of Bybit wallets.

    Image

    In keeping with the findings, the attackers altered the sensible contract logic, permitting them to realize unauthorized management and siphon off greater than $1 billion in funds. The stolen property are reportedly being swapped for ETH because the hacker seeks to launder the funds.

    Whereas Bybit has but to subject an official assertion concerning the breach, the dimensions of the outflow has raised vital issues throughout the crypto neighborhood. Safety specialists are monitoring the hacker’s transactions as efforts to trace and probably get well the stolen funds proceed.

    The breach provides to the rising listing of safety incidents affecting centralized crypto platforms, as soon as once more highlighting the dangers related to asset storage on exchanges. As investigations unfold, customers are suggested to train warning and evaluate their safety practices to safeguard their holdings.

    Ben Zhou, ByBit’s CEO, additionally confirmed the safety breach in a X livestream.

    Telegram





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Crypto Information: Brian Armstrong Busts Fable: Crypto Isn't Only for the Wealthy

    October 21, 2025

    Crypto’s subsequent bear market can have a brand-new set off: Willy Woo

    October 21, 2025

    Senate Republicans Name for Personal Assembly With Crypto CEOs After Democrats' Sitdown

    October 21, 2025

    Japan Mulls Letting Native Banks Purchase And Maintain Crypto

    October 21, 2025
    Latest Posts

    Bear Market Alert: High Skilled Claims Bitcoin Value Destiny Hangs On $101,700 Help Degree

    October 21, 2025

    Bitcoin Hits Key Assist: Bull Run or Bull Lure?

    October 21, 2025

    21bitcoin Launches Europe’s First Bitcoin-Backed Mortgage Pilot

    October 21, 2025

    That is the Crucial Degree to Look ahead to Bitcoin's Value This Week

    October 21, 2025

    Bears Crush Bitcoin To $103K—Can Powell's Price Minimize Save The Rally?

    October 21, 2025

    Japan to Ease Crypto Guidelines, Banks Might Quickly Commerce or Retailer Bitcoin Underneath FSA Proposal | Bitcoinist.com

    October 21, 2025

    Bitcoin 'Smells Hassle' as Financial institution Shares Plunge

    October 21, 2025

    Asia Morning Briefing: BTC Holds Regular as Market Resets After Leverage Flush

    October 21, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Coinbase-backed Base unveils upgrades aiming for double Solana's velocity

    February 28, 2025

    a16z Crypto Backs Decentralized AI Knowledge Platform Poseidon with $15M Funding

    July 22, 2025

    Bitcoin to $130,000 By Finish of 12 months, Says High Analyst as Bitcoin Hyper Emerges as Greatest Crypto Presale

    October 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.