According to recent reports from COINOTAG dated February 22, analysis by OnchainLens has uncovered alarming details surrounding a significant breach affecting Bybit. The data shows that the hack resulted in a staggering outflow of funds, including a total of 401,347 ETH, equivalent to approximately $1.12 billion. In addition to this predominant figure, 90,376 stETH were illicitly taken, valued at $253.16 million. Moreover, the investigation revealed the theft of 15,000 cmETH, accounting for $44.13 million, and 8,000 mETH, with a value of $23 million. Altogether, this malicious activity has led to the loss of 514,723 ETH in various forms, underscoring the vulnerabilities prevalent in crypto exchanges and highlighting the urgent need for enhanced security measures in the cryptocurrency sector.
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