Netanyahu has been preempted.

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This post has been edited by colmi: Feb 22 2025, 07:28 AM

Anybody here using Bybit despite the Malaysian ban?

This post has been edited by colmi: Feb 22 2025, 07:29 AM

There will surely be some die-hard Malaysians who access their Bybit accounts via VPN.

Bybit doesn't have SAFU like Binance.

My Binance account was not affected at all by the Binance hack a few years ago.

But this Bybit hack is really huge.

I also hope they survive this.

The Bybit hack could have been avoided if CEO Ben double-checked the wallet address as he is the last of 3 multi-signature signers of the Ledger cold wallet

The hack is engineered by the North Korean Lazarus Group.

This post has been edited by colmi: Feb 22 2025, 11:43 AM

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 cold wallet executed a transfer to our warm wallet.

Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the underlying smart contract logic," Bybit explained.

"As a result, the attacker was able to gain control of the affected ETH cold wallet and transfer its holdings to an unidentified address."



Yes, the hack is sophisticated indeed. North Koreans are good hackers.

For those interested, here is a video of the technical analysis of the Bybit hack by a security researcher.

What do you mean by your Bitcoin ETF in "opposite direction"?

From my web-based NEXO Account