Yesterday, hackers infiltrated Bybit's cold wallet system, absconding with $1.5 billion in cryptocurrency using a manipulated interface. This incident stands as the largest crypto theft to date, with suspicions pointing towards North Korean state hackers. The breach has spurred a surge in withdrawal requests and shed light on vulnerabilities in cryptocurrency security. Despite Bybit securing a bridge loan to mitigate 80% of the losses, the aftermath has led to notable market instability and delays in withdrawals.