Bybit says $1.5 billion worth of crypto stolen in Ether wallet hack

The Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected, per the CEO [File]

The Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected, per the CEO [File]
| Photo Credit: AP

Cryptocurrency exchange Bybit said on Friday an attacker gained control of an Ether wallet and transferred around $1.5 billion worth of holdings to an unidentified address.

The Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected, with withdrawals proceeding normally, CEO Ben Zhou said in a post on X.

“All client funds are safe, and our operations continue as usual without any disruption,” the company said, adding its security team, along…

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