Bybit Hack Live Update : Biggest Crypto Hack, $1.4B ETH Hack, Proof of Reserves and more

The post Bybit Hack Live Update : Biggest Crypto Hack, $1.4B ETH Hack, Proof of Reserves and more appeared first on Coinpedia Fintech News

February 21, 2025 19:04:58 UTC The Dilation Effect: Concealing Contract Modifications in the Bybit Attack The Dilation Effect reveals that the Bybit attacker exploited delegatecall to run a malicious transfer function. This function uses SSTORE to alter slot 0, changing the multi-signature contract’s implementation address on the cold wallet to the attacker’s. By disguising this …