`However, the signing message was to change the smart contract logic of our ETH cold wallet," Zhou said. "[The] hacker took control of the specific ETH cold wallet we signed and transferred all ETH in the cold wallet to this unidentified address." Zhou reassured customers that Bybit remains solvent, despite the loss.`

https://www.thestreet.com/crypto/markets/crypto-hit-by-largest-hack-ever-as-bybit-loses-billions

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