North Korean Hackers Cash Out US$300M From Bybit Heist

North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
Crypto Hack by North Korea Hackers Yields Massive Cash Haul
Hackers working for the North Korean regime have successfully cashed out at least $300m of their record-breaking $1.5bn crypto heist.
North Korean Hackers Already Laundered $300M from Record $1.5B Bybit Heist
North Korean hackers have successfully laundered at least $300 million from their record-breaking $1.5 billion cryptocurrency heist.
$1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.
North Korean Hackers Cash Out US$300M From ByBit Heist - TaiwanPlus News
North Korean hackers have laundered US$300 million of US$1.5 billion worth of cryptocurrency stolen during a heist from exchange ByBit in February. The U.S. and its allies accuse Pyongyang of using these funds to finance its weapons programs.
North Korean hackers cash out £300,000,000 after billion-pound crypto heist
North Korean hackers who orchestrated a billion-pound cryptocurrency heist have successfully cashed out over £232,000,000 of their loot. The hackers, known as the Lazarus Group, pulled off the biggest heist in history during a raid on crypto exchange ByBit two weeks ago,
North Korea’s Lazarus successfully cashes out $300 million from its $1.5 billion ByBit loot
North Korea’s Lazarus hackers have pulled off another major crypto laundering operation, successfully cashing out $300 million from their record-breaking $1.5 billion heist on crypto exchange ByBit, according to blockchain analytics company Elliptic.
CCN on MSN45m
Why Smart Contract Audits Can’t Prevent Off-Chain Attacks: Lessons from Bybit Hack
Smart contract audits secure blockchain code but do not stop off-chain attacks. Hackers exploit weak points in APIs, wallets ...
How the Biggest Crypto Hack Ever Nearly Destroyed the World’s No. 2 Exchange
Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.
The Bybit Hack And Its Fallout
By now everyone knows that the Bybit hack worth around 400,000 ETH and stETH worth more than $1.5 billion is the largest ever ...
Hackers launder most of Bybit’s stolen crypto worth $1.4B
Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist.
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale ...
Is The Bybit Crypto Hack The Future? DePIN Looks To Make Web3 Much Safer
The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the ...
TechRepublic7d
How North Korea Executed the Largest Crypto Heist Ever
North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did it—and what’s next. Last week, news outlets worldwide reported ...
The New York Times4d
How the Biggest Crypto Heist in History Went Down
For years, Bybit had relied on the storage software, developed by a technology provider called Safe, even as other security firms sold more specialized tools for businesses. The hack sent crypto ...
CoinDesk3dOpinion
3 Ways Bybit's $1.5 Billion Hack Will Impact the Staking Industry
The hack resulted in the loss of roughly 16,000 ETH in potential yearly staking rewards. The event could further encourage ...