Bookmarking Crypto Insights
Auto Added by WPeMatico
The FBI urged immediate action to block transactions tied to North Korea’s $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and Private Sectors to Cut Off North Korea’s Stolen $1.5B in Crypto The Federal Bureau of Investigation (FBI) has confirmed that North Korea was behind the … Read more
Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds. Bybit … Read more
Bybit has returned a $100 million loan, equal to 40,000 Ethereum (ETH), to Bitget after just three days—the cryptocurrency community was not expecting this! The loan was extended to Bybit when it was going through a tough time, and this rapid return of funds shows that Bybit is back and on the way to recovery. … Read more
Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions. Bybit Confirms Systems Secure After Safe Wallet Attack A forensic investigation into the breach revealed that attackers from the Lazarus Group accessed Safe Wallet’s systems by stealing a developer’s credentials, according … Read more
Two days prior, the Bybit exploiter retained custody of 449,395.23 ethereum (ETH), yet within a 48-hour window, the actor relocated 71,862.63 ETH—valued at $173 million—across decentralized ledgers. Bybit Launches Lazarusbounty.com Amidst a climate of crypto volatility, the assailant has orchestrated a whirlwind of high-volume ether transactions. For instance, during the drafting of this analysis, 91.75 … Read more
A newly formed wallet, named “0x3ac,” has been making waves in the world of cryptocurrency by spending a stunning $49.5 million worth of DAI to buy a hulking 17,695 ETH. The buying spree, which took place just a little over an hour ago, has sent shockwaves through the industry. It’s rumored to be connected to … Read more
Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in … Read more
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report, the perpetrator controls roughly 449,395.23 ETH—equivalent to nearly $1.26 billion—making them one of Ethereum’s most formidable custodians. Bybit Exploiter Joins Crypto’s Most Wanted List This … Read more
In the aftermath of the $1.4 billion cybersecurity breach targeting centralized digital asset platform Bybit, onchain evidence reveals that perpetrators have systematically converted a fraction of the pilfered funds into bitcoin (BTC). Hackers Mask Tracks by Moving Bybit Heist Funds to Bitcoin This week, North Korea’s Lazarus Group orchestrated a cyber incursion against digital asset … Read more
Bybit, a major cryptocurrency exchange, has addressed the massive security breach that resulted in the theft of $1.4 billion in digital assets. Bybit Claims it Endured $1.4 Billion Digital Asset Theft With Swift Withdrawals and Strong Reserves Bybit officials say the hack took place on Feb. 21, 2025, when cybercriminals targeted Bybit’s ethereum wallets and … Read more
