Ethereum Falls as Crypto Exchange Bybit Confirms $1.4 Billion Hack

submitted by https://lemmings.world/u/Domino

More than $1.4 billion worth of Ethereum (ETH) and stETH were withdrawn from Bybit’s hot wallet on Friday, and a large chunk of the funds were being sold via decentralized exchanges.

https://decrypt.co/307215/ethereum-bitcoin-fall-bybit-confirms-hack