Published 1 day ago • loading... • Updated 5 hours ago

North Korea's Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack

Summary by Benzinga

North Korea’s infamous Lazarus Group is suspected to be the mastermind behind the $1.4 billion Ethereum (CRYPTO: ETH) hack on cryptocurrency exchange Bybit, as per findings from blockchain data platform Arkham Intelligence. What Happened: According to the report, Lazarus Group, a state-sponsored hacking organization from North Korea, is believed to have pilfered over $1.4 billion worth of Ethereum and related tokens from Bybit last Friday. This …

11 Articles

All

Left

Center

Right

Daily Express

North Korea believed to be behind £1bn ‘worst crypto theft in history'

Kim Jong-un's heartless cyber goons broke into an Ethereum wallet, wiping all of its contents in a brazen theft being dubbed the 'worst hack in history'.

5 hours ago·United Kingdom

Read Full Article

The US Sun

North Korea feared to be behind ‘worst hack in history’ as £1BN stolen

NORTH Korean cyber criminals are feared to have carried out the "worst hack in history" after a $1.19billion crypto heist was uncovered.Hackers were a

11 hours ago

Read Full Article

Benzinga

North Korea's Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack

13 hours ago·New York, United States

Read Full Article

CryptoPanic

Arkham: Lazarus Group Behind Bybit Hack

Bybit suffered a massive $1.4 billion hack, with North Korea's Lazarus Group identified as responsible. The incident highlights persistent security vulnerabilities in major crypto exchanges and sparks discussions about potential Ethereum hard forks.

9 hours ago

Read Full Article

Coin Edition

Latest Bybit Hack Linked to N. Korea's Crypto Theft for Weapons Funding

North Korea has laundered $170 million in stolen cryptocurrency from 49 hacks (2017-2021). Laundered funds are used to support North Korea’s nuclear and missile programs. Cyberattacks generate about 50% of North Korea’s foreign currency income. The latest $1.5 billion hack of crypto exchange Bybit has once again put the spotlight on North Korea’s cybercrime activities. Reports have consistently revealed the stolen digital assets are funneled…

13 hours ago

Read Full Article

TheSpuzz

Bybit exploit exposes security flaws in centralized crypto exchanges

Source: Coin Tegraph The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers. Read Full Article

17 hours ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year