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North Korean hackers behind $1.5 billion crypto hack

Hosted on MSN · 39m

North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness

Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.

CNN on MSN · 1d

North Korean hackers steal record $1.5 billion in single crypto hack, security firm says

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN.

The Hill on MSN · 1d

North Korean hackers behind $1.5 billion crypto hack: Security firm

North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has

Eth, Bybit and Crypto

TheStreet.com · 2d

Bybit’s $1.4B crypto hack could be an angel in disguise for Ethereum

Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?

MarketWatch on MSN · 4d

Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.

Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.

Cryptopolitan on MSN · 1d

Bybit exchange hackers launder 89,500 ETH (worth about $224 million) in the past 2.5 days

On-chain analyst EmberCN revealed that the Bybit exchange hacker has laundered 89,500 ETH in the past two and a half days. According to the firm, the hacker has laundered nearly $224 million, which was 18% of the total Ethereum he stole (499,

18m

Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds

Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

Bybit Releases Forensic Report Linking $1.5B Hack to Safe Wallet Compromise

Bybit's forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}'s infrastructure.

1don MSN

5 things to know for Feb. 25: Immigration, Federal job cuts, US-Russia relations, Egg surcharge, Crypto hack

The notoriously disastrous Fyre Festival is getting a sequel after a scrapped reboot attempt in 2023. The music festival will ...

1d

$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever

Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 ...

4d

Big Day for Crypto Goes South in a Hurry After a Giant Hack

Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a ...

4don MSN

Mark Cuban says Bybit’s $1.4B hack has ‘no implications’ for crypto but raises one concern

Mark Cuban dismisses Bybit’s $1.4 billion hack as having "no implications" for crypto but questions whether the exchange has ...

3don MSN

What we know about the $1.5 billion Bybit crypto hack

Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.

6hon MSN

Crypto Scams Are Costing People Millions. Here's How to Invest Safely.

Cryptocurrencies are incredibly safe data storage systems. They keep a detailed ledger of transactions wide open to the ...

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