Bybit says crypto wallet hack loss estimated at more than $2b

Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $US1.5 billion ($2.4 billion) worth of tokens in the biggest theft ever experienced in the industry.

A hacker took control of one of Bybit’s offline Ethereum wallets, the exchange’s chief executive officer Ben Zhou said in a post on X on Friday (Saturday AEDT).

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