north korea

Bybit Exploit Loot in Motion: 7M in ETH Scattered Through Covert Transfers Over 4 Days

Bybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days

The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement. Bybit Hackers Scatter Ether Stash Across Multiple […]

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FBI confirms North Korea-backed Lazarus hackers stole .5 billion from Bybit

FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit

The Federal Bureau of Investigation (FBI) has confirmed North Korea as the culprit behind the recent $1.5 billion exploit on Bybit. In a Feb. 26 Public Service Announcement (PSA), the agency attributed the attack to TraderTraitor, a malicious cyber campaign linked to North Korean threat actors. TraderTraitor refers to a series of malware-infested applications disguised

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Chainflip to Block Bybit Hack Funds With New Protocol Upgrade

Chainflip to Block Bybit Hack Funds With New Protocol Upgrade

Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market

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