Big news in the world of cryptocurrency! Hackers stole a huge amount of money, about $1.4 billion, from a place called Bybit that lets people buy and sell crypto. This was a really bad thing, the biggest crypto robbery ever!
- Hackers tried to use a system called Chainflip to move the stolen money.
- Chainflip quickly fixed its system with a software update to stop the hackers.
- This update will block any wallets linked to the robbery from using Chainflip.
- Many crypto companies are working together to catch the hackers and get the money back.
| What Happened | Details |
|---|---|
| Amount Stolen | $1.4 billion |
| Company Hacked | Bybit |
| System Used by Hackers | Chainflip |
| Chainflip's Response | Emergency software update |
