Big news in the world of cryptocurrency! A company called Bybit lost a HUGE amount of money – about $1.4 billion! People are arguing about why this happened. Some say it's because of a problem with something called the Ethereum Virtual Machine (EVM), which is like a computer program for crypto. Others say Bybit made mistakes in how they protected their money.
- Bybit lost a lot of money in a cryptocurrency hack.
- Some people blame the EVM (a part of the Ethereum cryptocurrency).
- Others say Bybit had security problems.
- Bitcoin is also mentioned, but it's not directly involved in this hack.
Fact | Details |
---|---|
Money Lost | $1.4 billion |
Suspect | Unknown (The hacker is now one of the top ETH holders.) |
Debate | EVM design vs. Bybit's security |