Crypto Today

BREAKING: $1.4 billion in crypto stolen in Bybit hack

Connor Sephton Season 5 Episode 32

$1.4 billion worth of crypto has been stolen in an audacious hack targeting the Bybit exchange.

This is hands down the biggest crypto hack of all time.

The news was confirmed by Bybit's co-founder and CEO Ben Zhou — who said a hacker was able to take control of a cold wallet, and transfer funds to an unidentified address.

Here's what we know so far.