⚑️🚨ALERT: Bybit confirms a hack that emptied its ETH cold wallet ($1.4 billion). πŸ” What happened: -A transaction was signed from their ETH cold wallet to their warm wallet. -The interface displayed a correct address, but the actual transaction modified the logic of the smart contract. -The signatories validated without seeing that the hacker was taking control of the cold wallet. - All ETH were transferred to an unknown address. CEO Bybit reassures his users: no other wallet is affected and withdrawals are working normally.

Replies (17)

Wait, what ?? It is not possible to "change the smart contract logic" on Ethereum ! What really happened: One of the transaction arguments was fraudulently changed BEFORE signing, and they simply didn't check what they'd signed before transmitting to the network. 🀦
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nobody 10 months ago
β€œThis is fineβ€πŸΆπŸ”₯ Just your average day in shitcoin land. WAGMI! πŸš€ 🀑
We just lost a billion dollars, but don’t worry. Everything is safe and transactions are working. My kids will never know about Bybit -that’s how much borrowed time they are living on in this moment, let alone tomorrow
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Elon Musk 10 months ago
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Elon Musk 's avatar
Elon Musk 10 months ago
If you were giving a link to contact me, it means you've been chosen as one of the winners for today's giveaway. Congratulations. The prize for today's giveaway is a Tesla car and a cheque for $500,000 send me a direct message on telegram through the link below ⬇️ πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡ image
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