The Bybit Incident: When Research Meets Reality
Contents
Research by Dikla Barda, Roman Ziakin and Oded Vanunu
On February 21st, Check Point Blockchain Threat Intel System alerted on a critical attack log on the Ethereum blockchain network.
The log indicated that the AI engine identify anomality change with this transaction and categorize it as critical attack in real time. It was indicated that ByBit cold wallet got hacked, resulting in the theft of approximately $1.5 billion worth of digital assets, primarily in Ethereum tokens. This incident marks one of the largest thefts in the history of the digital asset industry.
Executive Summary:
In one of the largest thefts in digital asset history, hackers gained access to an offline Ethereum wallet and stole $1.5 billion worth of digital assets, primarily consisting of Ethereum tokens.
The recent incident with Bybit marks a new phase in attack methods, featuring advanced techniques for manipulating user interfaces. Rather than just targeting protocol flaws, the attackers used clever social …
On February 21st, Check Point Blockchain Threat Intel System alerted on a critical attack log on the Ethereum blockchain network.
The log indicated that the AI engine identify anomality change with this transaction and categorize it as critical attack in real time. It was indicated that ByBit cold wallet got hacked, resulting in the theft of approximately $1.5 billion worth of digital assets, primarily in Ethereum tokens. This incident marks one of the largest thefts in the history of the digital asset industry.
Executive Summary:
In one of the largest thefts in digital asset history, hackers gained access to an offline Ethereum wallet and stole $1.5 billion worth of digital assets, primarily consisting of Ethereum tokens.
The recent incident with Bybit marks a new phase in attack methods, featuring advanced techniques for manipulating user interfaces. Rather than just targeting protocol flaws, the attackers used clever social …
IoC
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47666fab8bd0ac7003bce3f5c3585383f09486e2
bDd077f651EBe7f7b3cE16fe5F2b025BE2969516
47666fab8bd0ac7003bce3f5c3585383f09486e2
bDd077f651EBe7f7b3cE16fe5F2b025BE2969516