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Technology @lemmy.world

Mazdak @lemmy.org

3mo ago

Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens

www.bloomberg.com

Bloomberg - Are you a robot?

Technology @lemmy.ml

NanoooK @sh.itjust.works

3mo ago

Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen

www.bloomberg.com /news/articles/2025-02-21/bybit-says-exchange-wallet-hacked-1-5-billion-estimated-loss

45 comments

I'm so glad I have no crypto of any kind. It's the wild west with no savings insurance, so once it's gone, it's gone.
- Depends which exchange you're using.
  
  Anybody who keeps their money on an exchange any longer than necessary is just asking for trouble. An exchange is like a public toilet. You get in, you shit, and you get the fuck out. You don't hang around in a public toilet.
  Self custody or GTFO.
  
  That's not what the question was about.
  
  There was no question. There was a statement.
  
  Alright, that's not what the statement was about.

45 comments