From www.bleepingcomputer.com: An unknown attacker has stolen over $1.46 billion worth of cryptocurrency from Bybit’s ETH cold wallet through a sophisticated manipulation of a transaction aimed at transferring funds to a warm wallet.

This theft marks the largest cryptocurrency hack in history, surpassing previous records.

The exchange’s security team is investigating the incident with external blockchain forensic experts, assuring that all other cold wallets are secure and client funds are safe.