Bybit: Unauthorized activity detected in an ETH cold wallet, ensuring the safety of customer funds and uninterrupted operation

PANews|Feb 21, 2025 15:54
Bybit posted on X platform that it detected unauthorized activity involving an ETH cold wallet. At the time of the incident, the ETH multi signature cold wallet was transferring funds to the hot wallet. Unfortunately, this transaction was manipulated by a complex attack that obscured the signature interface and changed the underlying smart contract logic. Therefore, attackers can take control of the affected ETH cold wallet and transfer its assets to an unknown address.
The Bybit security team, along with blockchain forensics experts and partners, is actively investigating this incident. Any team with expertise in blockchain analysis and fund recovery who can assist in tracking these assets is welcome to collaborate. Bybit stated that all other Bybit cold wallets are absolutely secure, all customer funds are safe and secure, operations are proceeding as usual without interruption, and updates will be provided as soon as possible.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink