Bybit Reports Security Breach as Hackers Drain $1.4 Billion in ETH and mETH

Cryptocurrency exchange Bybit has reportedly lost over $1.4 billion in liquid-staked Ether (ETH) and MegaETH (mETH) due to a security breach. The incident was flagged by onchain security analyst ZackXBT, who urged users to blacklist addresses linked to the stolen funds, Cointelegraph reported.Bybit Confirms Breach, Investigates Stolen FundsBybit co-founder and CEO Ben Zhou acknowledged the hack. He stated that a…                

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