Just days after the Bybit hack, a suspicious fund transfer of $49.5 million has been detected in the Ethereum ecosystem. Certik Alert flagged the transfer, revealing that the funds were being swapped for Dai stablecoin. This incident follows a pattern of major crypto hacks, including the recent $1.46 billion Bybit hack. While the Ethereum ecosystem is generally secure, it still faces risks such as smart contract vulnerabilities and wallet security flaws. Users are advised to use trusted wallets, avoid phishing scams, and verify transactions carefully. Developers must work on improving smart contract security to prevent future incidents.



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