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Bybit, crypto and North Korea

Hosted on MSN · 1d

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

North Korean hackers lay in wait for “probably many months." Here is a step by step guide to how they pulled off the robbery.

Business Insider · 6d

North Korea was behind the $1.5B Bybit crypto hack, FBI says

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.

$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back

Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds That is according to experts at

TechCrunch on MSN · 1d

Hackers launder most of Bybit’s stolen crypto worth $1.4 billion

Experts note that this is just the first step for the alleged North Korean hackers to profit from the historic heist. © 2024 TechCrunch. All rights reserved. For personal use only.

Daily Maverick on MSN · 2d

Bybit’s $1.4-billion heist is a stark reminder of the vulnerabilities in cryptocurrency security systems

The hackers didn’t attack Bybit’s blockchain directly. They hijacked the very process Bybit relied on to protect itself, slipping into the final approval layer where transactions are signed off — and rewriting the rules in real time.

1d

Bybit Finds 20% of $1.4 Billion Stolen Funds Have Gone Dark

Bybit suffered one of the largest crypto heists in history, with hackers stealing nearly $1.4 billion in customer assets.

1don MSN

North Korea’s Lazarus Group launders $1.39B in stolen Bybit ETH in just 10 days

North Korea’s Lazarus Group has executed one of the most sophisticated crypto laundering schemes to date, moving $1.39 ...

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