<ul><li>Bybit, a crypto exchange, has been hacked with over $1.4 billion worth of ETH and staked ETH stolen from its cold wallet.</li><li>The CEO, Ben Zhou, confirmed the hack and stated that Bybit remains solvent and can cover the losses.</li><li>The hack involved a sophisticated attack that manipulated the transaction and transferred the funds to an unidentified address.</li><li>Bybit's withdrawals were unaffected, and investigations are underway to unmask the hacker's identity.</li></ul>

Bybit suffers $1.4 billion hack, ETH drained from exchange wallet

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