Bybit founder Ben Zhou has raised concerns that multisig wallet provider Safe may have been compromised, allowing hackers to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In post on X, Bybit says a "sophisticated attack" enabled ...

Bybit's CEO, Ben Zhou, was the first to flag the breach, confirming that the attack had compromised the platform's multi-signature ETH cold wallet. Bybit ETH multisig cold wallet just made a transfer ...

Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. "The incident occurred when our ETH multisig ...

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 ...