Crypto Exchange Bybit Says Ether Wallet Hacked
Crypto Exchange Bybit Says Ether Wallet Hacked
The Dubai-based crypto exchange confirmed a sophisticated breach of its Ethereum cold wallet, with North Korea's Lazarus Group identified as the culprit.
I'm not a crypto guy but the ceo says, "Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss"
And I'm just wondering, wtf, how?
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It is best to learn how to store your own crypto, never leave it on an exchange.
For Bitcoin Cash the most secure way is to use Electron Cash wallet on a Linux PC. Then you can top up your mobile wallet as needed for spending.
Secure Desktop Bitcoin Cash wallet - https://electroncash.org/
Other wallets in the Bitcoin Cash ecosystem please see: https://minisatoshi.cash/ecosystem