đš ETH Hack: Bybit Loses $1.4 Billion in Massive Exploit! đš
đ„ What happened? đ„
On February 21, 2025, hackers struck Bybit, one of the top crypto exchanges, stealing a staggering $1.4 BILLION in Ethereum! đŽââ ïžđ° This is now one of the BIGGEST crypto heists in history! đ
đ How did it happen? đ
đ Hackers infiltrated Bybit's cold wallet (which was supposed to be "safe" from online attacks) and drained 400,000 ETH during a routine transfer.
đž The stolen ETH was quickly split and moved across multiple wallets to evade tracking.
đ”ïžââïž Security experts believe North Koreaâs Lazarus Group is behind the attack! đ°đ”đ»
â ïž Impact on Bybit & Market â ïž
đ Users rushed to withdraw funds, causing delays.
đ Bybitâs token crashed 6% đ
đ The company says all customer assets are still safe & backed 1:1. đĄïž
đź Lessons for Crypto Holders:
âïž Even "secure" cold wallets can be hacked! âđ
âïž Security & vigilance are more important than ever! đ
đ What do you think? Will Bybit recover from this? đŹđ$ETH
