Crypto exchange Bybit’s market share has dropped by around 60% after the $1.4 billion Lazarus Group hack in February.
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
Smart contract audits secure blockchain code but do not stop off-chain attacks. Hackers exploit weak points in APIs, wallets ...
Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.
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 working for the North Korean regime have successfully cashed out at least $300m of their record-breaking $1.5bn ...
The Bybit crypto hack, the largest in history, shines a spotlight again on central crypto exchange security. DePIN, the ...
North Korean hackers have successfully laundered at least $300 million from their record-breaking $1.5 billion cryptocurrency ...
Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist.
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
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 ...
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 ...