Crypto Exchange bybit announced On Friday that the “sophisticated attack” led to the theft of Ethereum (ETH) from one of the company’s wallets offline.
Bybit’s chief executive and co -founder Ben Zhou said in a vivacity that hackers stole about 401,346 ETH, which at the time of theft was about $ 1.4 billion.
Both Crypto Elliptic Security Company and encryption security researcher ZachxbtThe total amount of the ETH thief is worth about $ 1.4 billion, making this largest known theft of encryption in history. The previous highest encryption violations were the hawks against the Ronin and Poly Network network, resulting in the loss of $ 624 million and $ 611 million, respectively, according to Data collected by RektA site that monitors the Web3 and Crypto violations.
“In fact, it can be even the largest single theft of all time,” said Tom Robinson, co -founder and lead scientist at Elliptic, in TechCrunch, referring to all kinds of theft, not just data violations.
Prior to BYBIT violation, withdrawal of about $ 1 billion from the Iraqi Central Bank is said to be the largest bank robbery of all time, according to the Financial News Finance news.
Zu wrote to x That the hacker “took control” of one of the company’s cold wallets, referring to a digital wallet that stores encryption, but theoretically not connected to the internet and transfers funds to a “hot” wallet, which is online.
When reached for comments, the representative of Bybip Tony Au reported Zhou’s public positions. In a post, zhou I wrote That the company is “soluble” and “can cover the loss”, even if it cannot regain stolen funds.
Bybit, based in Dubai, the United Arab Emirates, had an estimated total asset of $ 16 billion last week, According to coinmarketcap.
To put things in perspective, throughout 2024, the total encryption amount stolen by hackers was about $ 2.2 billion, According to Blockchain Monitoring Company. And, in 2023, it was about $ 2 billion, according to many estimates.
