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HomeCryptocurrency NewsBybit faces a $ 1.46 billion security incident, says Zachxbt | Bitpins
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Bybit faces a $ 1.46 billion security incident, says Zachxbt | Bitpins

Update:

Blockchain Zachxbt researcher has marked suspicious outputs of Bybit, with more than $ 1.46 billion in funds that move from the exchange. Transactions, which involved Methaphetamine and Steth, were quickly changed to ETH in decentralized exchanges (DEX), which generated concerns about a possible security violation.

The nature of the output flows was initially clear, but ZachxbT then confirmed that its sources identified the event as a safety incident.

From 12:07 AM, Bybit made the following statement:

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