THORChain's swap volume has hit record highs as the Bybit hack laundering frenzy continues.
Lazarus Group News
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The cybersecurity influencer will continue to publish onchain exploit investigations as before.
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Bybit hackers have laundered $335 million in crypto since the $1.4 billion exploit, leaving $900 million of stolen assets yet to be moved.
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Ben Zhou announced the launch of a bounty program after reporting hackers tied to North Korea used an exploit to steal more than $1.4 billion in crypto from Bybit.
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Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.
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The statement came shortly after Lookonchain reported Bybit had bought $742 million worth of Ether between Feb. 22 and 23.
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The North Korean cybercrime unit may be behind some of the recent memecoin rug pulls on Solana.
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The $1.4 billion hack represents the single biggest crypto heist in history as the North Korean Lazarus hacking group strikes again.
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Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
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After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users.
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World ID Orb verifications are available in the Philippines, Boyaa Interactive predicts a profit surge while Eliza Labs founder’s X account was hacked.
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Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome.
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The North Koreans invested great effort in creating and promoting a game that apparently drained users’ wallets.
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The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600-million Ronin bridge exploit.
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Over $35 million in funds from a May cryptocurrency exchange hack have reportedly been moved to the online marketplace Huione Guarantee this month.
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