Bybit, popular encryption exchange, suffering from A huge penetration of $ 1.5 billion In digital assets. According to reports, infiltrators targeted the cold Crypto Exchange portfolio, which is an unsaturated storage system, to steal the stock market assets mainly. The data reveals on the series that the stolen money was quickly transferred to different portfolios and liquidated on several platforms.
Ben Chu, CEO of BYBIT, processing the penetration immediately and told users that the other cold governor of the site is safe and that the withdrawals are being treated “naturally”.
While the company is struggling with an increase in withdrawal requests, it received more than 88,000 ETH (about $ 239 million) of popular stock exchanges such as Binance and Bitget. Fresh transfers from these two famous parks have strengthened the bybit, allowing them to submit customer withdrawal requests.
Bybit has discovered an unauthorized activity that includes one of our cold governor in ETH. The accident occurred when the Eth Multisig Cold carried out to our warm wallet. Unfortunately, this deal was manipulated by an advanced attack that hidden the signature …
– Bybit (bebit_official) February 21, 2025
The authorities link the violation of the North Korean Piracy Group
Friday Blind Peppering Porter penetration It is the largest piracy of encryption ever. Arkham Intelligence and Eliptic said that the stolen digital assets were quickly transferred to different accounts and filtered within minutes. Al -Alailji reports that piracy is largely greater in the industry and easily exceeded $ 570 million of Binance in 2022 and 611 million dollars of encryption assets that were discharged from the Polly Network in 2021.
BYBIT CEO says the platform suffers from “huge withdrawals”. https://t.co/xi5vhqmqwi
– Fortune (@Formazine) February 21, 2025
Al -Ahly Al -Nabsi speculated that the Lazaros group, the state -backed piracy team in North Korea, committed the penetration. the Lazaros Group It is famous for its coding activities, stealing billions of dollars from different locations.
Bybit gets help from Binance and Bitget
Since Bybit has struggled to serve increased clouds, he has received help from other famous stock exchanges to cover requests. Arkham said the stock exchange received more than 88,000 ether or about 239 million dollars from Binance and Bitget addresses.
Pumping the box can increase the current liquidity of the stock exchange because it takes huge withdrawal requests. Bybit confirmed that its users transferred the money from the stock exchange after the hack was announced.
Archham said that Peter moved 40,000 from the ether, or 106 million dollars, to a cool bybit on February 21 at 19:44 (UTC). Lookonchain argued that Bitget has transferred its money to the stock exchange to enhance its liquidity and serve as a vote on confidence.
After 10 minutes, the Binance Hot Hot 11,800 ETHER or $ 31 million moved to the same title by Bybit Cold Wallet. In total, Binance has transferred 47,800 ether or 127.48 million dollars.
The CEO of the Solid Exchange explains the solvent
Ben Zhou CEO, Ben Zhou, confirmed to its users and customers that the stock exchange is a solvent. In the Twitter/X publication, CEO explained that customer money is supported 1: 1 and that the company can serve losses even if it fails to recover it.
Distinctive image from Adobe Stock, the tradingview chart