Feb 21, 2025
Bybit Addresses Security Incident: Funds Moved, Operations Normal
Recent reports suggest unusual activity involving cryptocurrency exchange Bybit, with blockchain analysts highlighting significant fund movements. Specifically, concerns have been raised regarding a wallet that seemingly transferred a substantial amount of Ether (ETH), along with various forms of staked Ether (stETH), to a new address. On-chain data indicates that this new wallet is actively…