Hacker Steals Record $1.46 Billion from Bybit ETH Cold Wallet

The cryptocurrency exchange platform Bybit announced today that an unknown attacker has stolen more than $1.46 billion in cryptocurrencies from one of its ETH cold wallets. The incident involves a cold wallet, typically used to store assets offline to protect them from cyberattacks. The specific technical details of the attack have not been disclosed. This event represents one of the largest cryptocurrency thefts ever recorded.