North Korea’s pause in cyberattacks during late 2024 may have been a resource reallocation ahead of the largest cryptocurrency hack in history.
Lazarus Group News
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The removal follows a January ruling by a US appeals court saying the sanctions were unlawful.
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Bybit has already paid out $2.2 million for “bounty hunters” who can provide valuable information on the Lazarus Group’s transaction patterns related to the stolen funds.
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CertiK’s chief business officer, Jason Jiang, tells The Agenda that a lack of comprehensive regulation has made the fallout from the hack even worse.
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OKX says it has decided to pause its DEX aggregator service after consulting with regulators.
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Crypto entrepreneurs David Zhang and Giulio Xiloyannis say they were both targeted by hackers.
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North Korean affiliated hacking collective has been laundering ETH and deploying new strains of crypto stealing malware targeting developers.
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Can DeFi protocols remain neutral when faced with massive criminal exploitation, or must they evolve to avoid regulatory crackdowns?
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Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.
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The SafeWallet team called for continued improvements to user experience and user interfaces to combat similar future threats.
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The Bybit hacker laundered the stolen funds in just 10 days, but security firms said some assets may still be recoverable through blockchain tracing.
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THORChain generated over $5 million in revenue as Bybit’s $1.4 billion hacker used the protocol for moving funds, sparking controversy over its role in illicit crypto transfers.
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Bybit CEO Ben Zhou confirmed that $280 million in stolen funds has gone dark, with $1.07 billion remaining trackable as investigators race to freeze assets.
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The crypto industry has rallied behind Bybit after a hack in which North Korean hacker group Lazarus stole over $1.4 billion.
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The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters.
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