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$49.5M Ethereum Transfer Sparks Fears After Bybit’s $1.46B Hack – What’s Happening?
- A suspicious fund movement of $49.5 million has been detected in the cryptocurrency ecosystem.
- The funds were transferred from an unverified Ethereum contract and swapped for Dai stablecoin.
- The transfer is believed to be a hack, following a pattern of major crypto hacks.
- The incident highlights the ongoing risks and vulnerabilities in the Ethereum ecosystem.
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