Crypto NewsExchangeBREAKING NEWS: $1.46 Billion Unexpected Fund Outflow from One of the Largest...

BREAKING NEWS: $1.46 Billion Unexpected Fund Outflow from One of the Largest Cryptocurrency Exchanges – Follow All the News Here

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According to breaking news, an unexpected fund outflow of $1.46 billion occurred from wallets belonging to the cryptocurrency exchange Bybit.

There is no official statement or detail about the incident at the moment, panic should not be caused and statements should be followed. You can follow all updates by renewing this news as developments come.

Update

Cryptocurrency detective ZachXBT confirmed this is a security issue based on his sources.

In the possible hack incident, which has not yet been confirmed, the majority of the assets withdrawn from Bybit consisted of mETH and stETH.

Update 2

Bybit CEO confirms hack, says assets in other cold wallets are safe

*This is not investment advice.

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