US EditionNorth Korean hackers behind $1.5 billion crypto hack: Security firm
- The FBI accused North Korean-linked hackers of stealing $1.5 billion worth of cryptocurrency from Bybit, one of the largest crypto exchanges, in what is described as the largest heist in history.
- The group known as TraderTraitor converted some stolen assets to Bitcoin and other virtual assets across multiple blockchains.
- According to South Korea's spy agency, North Korea has stolen an estimated $1.2 billion in cryptocurrency over the past five years to support its economy and nuclear program.
- Ben Zhou, Bybit's co-founder, acknowledged the theft and shared a bounty plan of $140 million for tracking and freezing the stolen crypto on social media.
161 Articles
161 Articles
North Korea may have just pulled off the world's biggest heist
North Korea appears to have pulled off the world's biggest heist, another worrying sign of the hermit kingdom's growing prowess in cybercrime.State-backed hackers stole about $1.5 billion from cryptocurrency exchange Bybit last week, according to the FBI. That's more than the largest known bank theft of all time, when Saddam Hussein stole $1 billion from Iraq's central bank on the eve of the 2003 war.Pyongyang agents took more in the attack on t…
Bybit's Mega Ethereum Hack Sparks Hard Fork Divide—A Choice Between Preventing Kim Jong Un's Nuclear Ambitions And Blockchain Immutability? - Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH)
The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the market but also revived a long-standing contentious debate—implementing a hard fork to recover hacked funds.
Lazarus Group: behind the break of the century against Bybit, shadow of Kim Jong-un's very secret digital army
DECRYPTAGE - The FBI attributed the cryptocurrency theft on the Bybit platform to North Korea. To bail out its caisses, the Asian dictatorship developed a large-scale cyber force called Lazarus.
Hackers from North Korea are actively attacking Dutch companies. They sneak in to siphon money from Dutch companies.
Hackers from North Korea are actively attacking Dutch companies. Not only the world of crypto is a target for the hackers. Employees are approached via LinkedIn and hackers try to get started as employees at the companies in a legitimate way. The North Koreans use an inventive way of artificial intelligence. "They abuse the CV and get on the payroll with chatter tricks."
North Korea was responsible for the “worst attack in history” on cryptocurrencies, says the FBI
According to the Federal Bureau of Investigation (FBI), North Korea was responsible for the theft that Bybit described as the “worst cryptocurrency attack in history”, worth 1.5 billion...
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