Following a security breach on its platform on Friday, crypto exchange Bybit announced that it suffered a hack where an attacker compromised one of its ETH wallets. The unidentified attacker has stolen about $1.4 billion worth of ETH, stETH, mETH and cmETH, splitting them across several wallets.

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours

Crypto exchange Bitby disclosed a breach that that amounts to a loss of $1.4 billion, the largest crypto theft of all time.

Bybit confirmed a series of malicious transactions, which redirected $1.46B from its cold wallets to unauthorized addresses.