bybit

North Korean hackers stole over $2 billion in crypto so far in 2025, researchers say

Security /

Hackers working for the North Korean government have stolen more than $2 billion in crypto so far this year, according to blockchain analysis firm Elliptic.  On Tuesday, Elliptic published a blog post with this new estimate, which the company says is the “largest annual total on record, with three months still to go,” and is […]

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Hackers launder most of Bybit’s stolen crypto worth $1.4B

Cypto /

The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation.  On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the

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

Cypto /

Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty

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Researchers accuse North Korea of $1.4 billion Bybit crypto heist

Security /

On Friday, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, in what is the largest crypto heist of all time. After the hack, several blockchain monitoring firms, as well as the well-known crypto investigator ZachXBT, have all pointed to the North Korean government hacking group known as Lazarus Group as the

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Crypto exchange Bybit says it was hacked and lost around $1.4B

Cypto /

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of Ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion.  Both

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