From The Hacker News – Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers

From The Hacker News – Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers

The U.S. Federal Bureau of Investigation (FBI) formally linked the record-breaking $1.5 billion Bybit hack to North Korean threat actors, as the company's CEO Ben Zhou declared a "war against Lazarus." The agency said the Democratic People's Republic of Korea (North Korea) was responsible for the theft of the virtual assets from the cryptocurrency exchange, attributing it to a specific cluster
From The Hacker News – Bybit Confirms Record-Breaking $1.46 Billion Crypto Heist in Sophisticated Cold Wallet Attack

From The Hacker News – Bybit Confirms Record-Breaking $1.46 Billion Crypto Heist in Sophisticated Cold Wallet Attack

Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.46 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated