Editor's PiCK

Bybit CEO: "Ethereum (ETH) Cold Wallet Was Indeed Hacked"

Source
JH Kim

Summary

  • Suspicious fund outflows of $1.46 billion were detected at Bybit.
  • Bybit CEO Ben Zhou acknowledged the Ethereum cold wallet hack but assured that other cold wallets remain secure.
  • Ethereum is trading at $2,722.20, up 0.20% from the previous day.

While suspicious fund outflows of approximately $1.46 billion were detected at cryptocurrency exchange Bybit, CEO Ben Zhou confirmed on X (formerly Twitter) on the 21st (local time) that "the Ethereum (ETH) cold wallet was indeed hacked," but added that "all other cold wallets are secure and withdrawals are operating normally."

Meanwhile, as of 00:57 on the 22nd, ETH is trading at $2,722.20 on the Binance USDT market, up 0.20% from the previous day.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?