Published on: 2025-06-25 18:11:47
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack Hackers thought to be working for the North Korean regime have successfully cashed out at least $300m (£232m) of their record-breaking $1.5bn crypto heist. The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago. Since then, it's been a cat-and-mouse game to track and block the hackers from successfully converting the crypto into usable cash. Expert
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Find related items on AmazonPublished on: 2025-07-04 04:23:49
The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation. On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the theft of 401,346 Ethereum, worth around $1.4 billion at the time, in what is the largest crypto theft in history and possibly the largest heist of any kind e
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Find related items on AmazonPublished on: 2025-07-12 03:02:31
In Brief The FBI said the North Korean government is “responsible” for the hack at crypto exchange Bybit, which resulted in the theft of more than $1.4 billion in Ethereum cryptocurrency. On Wednesday, the bureau released a public advisory, attributing the hack to a group known as TraderTraitor. Contact Us Do you have more information about the Bybit hack, or other crypto heists? From a non-work device and network, you can contact Lorenzo Franceschi-Bicchierai securely on Signal at +1 917 257
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Find related items on AmazonPublished on: 2025-07-12 22:22:10
FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now. The state-sponsored hacking group (tracked as TraderTraitor, Lazarus Group, and APT38) intercepted a scheduled transfer of funds from one of Bybit's cold wallets into a hot wallet, subsequently redirecting the cryptocurrency to a blockchain address under their control. "The Federal Bureau of Investigation (FBI) is releasing this PSA to advi
Keywords: assets bybit cryptocurrency hackers north
Find related items on AmazonPublished on: 2025-07-13 22:38:28
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty in a post on X on Tuesday. On the official site of the bounty, Bybit explains that for every time someone traces and freezes some of the stolen funds, 5% of that amou
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Find related items on AmazonPublished on: 2025-07-14 03:38:28
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty in a post on X on Tuesday. On the official site of the bounty, Bybit explains that for every time someone traces and freezes some of the stolen funds, 5% of that amo
Keywords: bybit contact crypto device hackers
Find related items on AmazonPublished on: 2025-07-14 06:58:04
Forensic investigators have found that North Korean Lazarus hackers stole $1.5 billion from Bybit after hacking a developer's device at the multisig wallet platform Safe{Wallet}. Bybit CEO Ben Zhou shared the conclusions of two investigations by Sygnia and Verichains, which both found that the attack originated from Safe{Wallet}'s infrastructure. "The attack specifically targeted Bybit by injecting malicious JavaScript into app.safe.global, which was accessed by Bybit's signers. The payload w
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Find related items on AmazonPublished on: 2025-07-14 11:58:04
Forensic investigators have found that North Korean Lazarus hackers stole $1.5 billion from Bybit after hacking a developer's device at the multisig wallet platform Safe{Wallet}. Bybit CEO Ben Zhou shared the conclusions of two investigations by Sygnia and Verichains, which both found that the attack originated from Safe{Wallet} 's infrastructure. "The benign JavaScript file of app.safe.global appears to have been replaced with malicious code on February 19, 2025, at 15:29:25 UTC, specificall
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Find related items on AmazonPublished on: 2025-07-14 12:43:19
Bybit said it replenished its reserves following a $1.5 billion hack last week, the largest in the history of the crypto industry. In less than 72 hours, Bybit pieced together hundreds of thousands of ether tokens through a mix of emergency loans and large deposits. While the rapid recovery restored the exchange's balance and kept customer withdrawals open, it didn't account for the stolen crypto. The breach occurred during a routine internal transfer, when Bybit was moving funds from its offl
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Find related items on AmazonPublished on: 2025-07-14 11:50:38
On Friday, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, in what is the largest crypto heist of all time. After the hack, several blockchain monitoring firms, as well as the well-known crypto investigator ZachXBT, have all pointed to the North Korean government hacking group known as Lazarus Group as the culprit. ZachXBT was the first to point the finger of blame, just a few hours after he himself noticed the first signs of the hack. The researcher sa
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Find related items on AmazonPublished on: 2025-07-14 11:22:58
Over the weekend, blockchain security companies and experts have linked North Korea's Lazarus hacking group to the theft of over $1.5 billion from cryptocurrency exchange Bybit. In what is now considered the largest crypto heist in history, the attackers intercepted a planned transfer of funds from one of Bybit's cold wallets into a hot wallet, redirecting the crypto assets to a blockchain address under their control. "On February 21, 2025, at approximately 12:30 PM UTC , Bybit detected unaut
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Find related items on AmazonPublished on: 2025-07-12 21:47:00
A hot potato: Bybit, a Dubai-based crypto exchange, announced on Friday that hackers had stolen a staggering $1.5 billion worth of digital assets, making it the largest crypto heist in history. The attackers exploited security vulnerabilities during a transaction, allowing them to transfer a significant amount of Ethereum. The hackers stole the crypto from Bybit's cold wallet, an offline storage system that's supposed to be highly secure. Around 400,000 ETH were swiped in all, reportedly repres
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Find related items on AmazonPublished on: 2025-07-12 07:49:14
Cryptocurrency theft of £1.1bn could be biggest ever 2 days ago Faarea Masud BBC Business reporter Getty Images Cryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history. The Dubai-based company's founder told users that their funds were "safe" and that it would refund any of those affected. It said hackers stole from its Ethereum coin digital wallet. Ethereum is the second largest cryptocurrency by value after
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Find related items on AmazonPublished on: 2025-07-12 00:15:03
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spe
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Find related items on AmazonPublished on: 2025-07-12 04:31:25
Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023. Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what's estimated to be the largest crypto heist in history. The attack compromised Bybit's cold wallet, an offline storage system designed for security. The stolen funds, primarily in ether , were quickly transferred across multiple wallets and liquidated through various p
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Find related items on AmazonPublished on: 2025-07-12 03:22:48
While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto. Bybit CEO Be
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Find related items on AmazonPublished on: 2025-07-12 01:00:33
Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of Ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion. Both crypto security firm Elliptic, as well as crypto security researcher ZachXBT, the total amount of ETH stolen is worth around $1.4 billion, making this the largest known
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Find related items on AmazonPublished on: 2025-07-12 04:41:59
Cryptocurrency exchange Bybit revealed today that an unknown attacker stole over $1.46 billion worth of cryptocurrency from one of its ETH cold wallets. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the underlying smart contract logic," Bybit explained. "As a result, the attacker was ab
Keywords: bybit cold cryptocurrency eth incident
Find related items on AmazonPublished on: 2025-07-12 05:15:03
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spe
Keywords: bybit eth hack million wallet
Find related items on AmazonPublished on: 2025-07-12 06:00:33
Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion. Both crypto security firm Elliptic, as well as crypto security researcher ZachXBT, the total amount of ETH stolen is worth around $1.4 billion, making this the largest known
Keywords: according billion bybit crypto theft
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