The post $49.5M Ethereum Transfer Sparks Fears After Bybit’s $1.46B Hack – What’s Happening? appeared first on Coinpedia Fintech News
Just a few days after the shocking Bybit hack, another suspicious fund movement has been detected in the cryptocurrency ecosystem. According to Certik Alert, no fewer than $49.5 million have been transferred from an unverified Ethereum contract. Last week, in the largest hacking event in the history of the crypto industry, approximately $1.46 billion in stETH, mETH and ERC-20 tokens were stolen from Bybit. In the wake of this, the suspicious Ethereum transfer has put the crypto community on high alert. Let’s dive in for more details!