{"id":1220904,"date":"2025-02-21T11:45:00","date_gmt":"2025-02-21T16:45:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1220904"},"modified":"2025-02-21T11:45:00","modified_gmt":"2025-02-21T16:45:00","slug":"bybit-ceo-confirms-exchange-was-hacked-for-1-46b-says-his-firm-can-cover-the-loss","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1220904","title":{"rendered":"Bybit CEO Confirms Exchange Was Hacked for $1.46B, Says His Firm Can Cover The Loss"},"content":{"rendered":"<div>Cryptocurrency exchange Bybit has experienced $1.46 billion worth of &#8220;suspicious outflows,&#8221; according to blockchain sleuth ZachXBT. From a report: The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker &#8220;took control of the specific ETH cold wallet and transferred all the ETH in the cold wallet to this unidentified address.&#8221;<\/p>\n<div class=\"share_submission\" style=\"position:relative;\">\n<a class=\"slashpop\" href=\"http:\/\/twitter.com\/home?status=Bybit+CEO+Confirms+Exchange+Was+Hacked+for+%241.46B%2C+Says+His+Firm+Can+Cover+The+Loss%3A+https%3A%2F%2Fit.slashdot.org%2Fstory%2F25%2F02%2F21%2F1630207%2F%3Futm_source%3Dtwitter%26utm_medium%3Dtwitter\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2025\/02\/twitter_icon_large-213.png\"><\/a><br \/>\n<a class=\"slashpop\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fit.slashdot.org%2Fstory%2F25%2F02%2F21%2F1630207%2Fbybit-ceo-confirms-exchange-was-hacked-for-146b-says-his-firm-can-cover-the-loss%3Futm_source%3Dslashdot%26utm_medium%3Dfacebook\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2025\/02\/facebook_icon_large-128.png\"><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/it.slashdot.org\/story\/25\/02\/21\/1630207\/bybit-ceo-confirms-exchange-was-hacked-for-146b-says-his-firm-can-cover-the-loss?utm_source=rss1.0moreanon&amp;utm_medium=feed\">Read more of this story<\/a> at Slashdot.<\/p>\n<p><iframe src=\"https:\/\/slashdot.org\/slashdot-it.pl?op=discuss&amp;id=23616745&amp;smallembed=1\" style=\"height: 300px; width: 100%; border: none;\"><\/iframe><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Bybit has experienced $1.46 billion worth of &#8220;suspicious outflows,&#8221; according to blockchain sleuth ZachXBT. From a report: The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1220904\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,44,110],"tags":[],"class_list":["post-1220904","post","type-post","status-publish","format-standard","hentry","category-slashdot","category-technology","category-unfiltered-rss"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1220904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1220904"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1220904\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1220904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1220904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1220904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}