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?
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