$ 280 million disappeared forever? How does Bybit Hack reveal the need for non -training warehouses like the best wallet
About $ 280 million of the total amount of $ 1.4B, which lost on February 21, 2025 in Bybit Hack, has now become unobtrusively, repeating the importance of non -training opportunities like Best Wallet.
Hours of the greatest crypto theft of history
Ben Zhou, a co -founder and CEO of Bybit, had first notified the public about the public Initial violation in x postTo. The hacks became the largest cryptocurrency exchange in history, stolen Ethereum about $ 1.48 billion.
However, Bybit assured its users that their assets were secure and that the exchange was still a solvent despite the violation. Bybit continued Specify the timeline of the entire caseobserving endangered wallets and assets on the move.
But then the assets began to get dark.
Where did the money go?
Hackers who are believed to be the North Korea Lazarus group have already been washed over 20% of over $ 400,000 of ETH they escaped.
It seems to have been achieved using decentralized shifts such as Thorchain Ethereum to quickly replace Bitcoin and dispel it between thousands of wallets to blur its path.
This is about $ 280 million that has been lost. Fortunately, most of the stolen $ ETH is still being traced.
If nothing else, the case emphasizes the natural risk of using imprisonment platforms like Bybit.
Are non -code wallets more secure than imprisonment?
Bybit wallets are custody. This means that Bybit holds and manages the private keys and funds of users, not users who hold their private keys themselves, as with non -training kits. As such, users relied on Bybit to protect their security and their property.
Although the exchange of insurance and compensation rules intends to cover the loss of money, the violation of trust and the potential vulnerability of the asset arrest platform has changed to users than ever.
The moral of the story is that even the best global caregivers can sometimes lose the underworld of a cybercrime. This means one thing: you need to take care of your crypto and non-local wallet The best wallet May be the only way to go.
Best wallet (best) – denser security and lower charges
A The upper non -training moon walletThe best wallet, gives you your crypto castle keys.
If bybit users had had their crypto in a non-local wallet The best walletThey would not have had the risk of losing the tools due to hacking.
Even if the exchange is endangered, assets stored in non -coded wallets remain safe as there are no significant private keys at the exchange.
The best wallet security features include access code, 2FA, biometric security and Fireblock MPCs Security protocols.
The platform offers smooth exchange exchange and multi -circuit support for protocols such as Ethereum, Bitcoin, BNB, Polygon and 50 for another 50.
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