Bybit Hack Live Update : Biggest Crypto Hack, $1.4B ETH Hack

Bybit was hacked for over $1.4 billion following suspicious ETH outflows reported by on-chain sleuth ZachXBT. CEO Ben Zhou confirmed hackers exploited a spoofed UI to alter a cold wallet’s smart contract logic, transferring all ETH to an unknown address. The exchange remains solvent and seeks help tracking the funds.