Bybit's $1.5 Billion Crypto Hack: What Went Wrong and How to Stay Safe

Bybit's $1.5 Billion Crypto Hack: What Went Wrong and How to Stay Safe

The Dubai-based crypto platform Bybit said on X an attacker gained control of the exchange's Ethereum wallet on February 21 as they were doing a routine transfer from a “cold” offline wallet to a “hot” online one. Ethereum is a popular type of cryptocurrency. The funds were then transferred to an unknown address