AskFX.com
AskFX.com

Bybit Reports Security Breach as Hackers Steal 1.4 Billion ETH and mETH

News Guru February 22, 2025

Cryptocurrency exchange Bybit has announced a significant loss exceeding $1.4 billion due to a recent security breach. The total ‍value of stolen⁣ assets,‍ including Ether (ETH), MegaETH (mETH), and Liquid‌ Staked Ether (ETH), amounts to over $1‌ billion. This ⁤alarming incident was highlighted by on-chain security analyst ZackXBT, ⁢prompting‌ Bybit to confirm the ‍breach and⁣ initiate an investigation into the misappropriated funds.⁢ Following ‍this severe security lapse…

Categories: Cryptocurrency News

Related Articles

AskFX.com

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .