Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry. - MarketWatch
1. Bybit hack: $1.4B crypto stolen, raising industry security alarms. Investor confidence may waver. 2. Ether cold wallet breached; funds moved across 40 addresses. Attack highlights blockchain vulnerabilities. 3. CEO claims full asset backing; customers remain protected. Despite assurances, market sentiment is shaken. 4. BTCUSD dropped 1.4% amid rising security concerns. Event may influence broader crypto market sentiment.