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Bybit has entered a partnership with crypto custodian Zodia Custody to segregate its custody for institutional clients. Cryptocurrency exchange Bybit announced in a press release on Thursday a new partnership with Zodia Custody to provide institutional clients with segregated custody,…
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North Korean (DPRK) IT workers are ramping up their corporate infiltration efforts into tech and crypto firms, with a focus on Europe. Since its last report in September 2024, Google Threat Intelligence Group has observed a rise in DPRK IT…
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Bitcoin
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Paradigm security researcher Samczsun is raising concerns that North Korea’s cyber operations extend far beyond the notorious Lazarus Group. His warnings come as the crypto industry emerges from the recent Bybit hack, which reportedly involved a sophisticated compromise of SafeWallet…
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Cryptocurrency exchange Bybit announced it will discontinue its NFT and Inscription marketplaces as well as shut down its IDO products. Crypto exchange Bybit is winding down support for its marketplaces for non-fungible tokens and Bitcoin-based NFTs known as inscriptions just…
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The crypto market witnessed over 60 crypto hacks in Q1 resulted in $1.63 billion in losses, more than doubling from $706 million a year earlier. Crypto hacks in the first quarter of 2025 resulted in more than $1.6 billion in…
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Crypto exchanges are the heart and soul of crypto. It’s where millions of people buy and sell cryptocurrencies and hold their crypto assets as well. This makes it important to know which crypto exchanges are the real deal in a…
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Bitcoin
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Although Bybit CEO Ben Zhou says 88% of stolen crypto is still traceable, the recent Bybit hack has been linked to an unprecedented money laundering operation. Is money laundering via crypto on the rise? Let’s break it down. BlackRock’s Larry…
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Bitcoin
News
Bybit CEO Ben Zhou reported that 88% of the stolen funds from the exchange is still traceable, but hackers are ramping up obfuscation efforts with Bitcoin mixers. As of 20 March, Ben Zhou’s latest executive summary of Bybit’s stolen funds…
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Bitcoin
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Blockchain sleuth ZachXBT slammed pseudo decentralized protocols for profiting from North Korea-backed exploits. The crypto industry’s handling of hacks and shady activity is coming under fire, with blockchain sleuth ZachXBT calling out several pseudo-decentralized protocols for profiting from North Korea-linked…
Feature
State-supported North Korean hackers, using the Lazarus Group moniker, stole billions of dollars worth of crypto in less than ten years. Their operations made North Korea the fifth-biggest country in terms of Bitcoin holdings. According to the UN report, nearly…
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Bitcoin
News
North Korea became the world’s fifth-largest sovereign Bitcoin holder after Lazarus stole over $1.4 billion from Bybit.
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Bybit CEO Ben Zhou shares his thoughts on the massive Hyperliquid ETH whale liquidation which led to the platform losing $4 million. He highlights issues that come with leverage on CEXs and DEXs. In a recent post, Zhou explained how…
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European regulators are reportedly investigating crypto exchange OKX after hackers allegedly used it to launder proceeds from a nearly $1.5 billion heist on Bybit. Cryptocurrency exchange OKX is under investigation by European regulators after hackers allegedly used its platform to…
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North Korean hackers stole $1.4 billion from Bybit after breaching Safe’s Mac laptop through a fake stock investment project that helped them bypass AWS security, Mandiant reveals. Bybit‘s $1.4 billion cyberattack, now the largest crypto theft in history, is believed…
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Crypto losses totaled $1.53 billion in Feb, with the three biggest exploits being Bybit, Infini, and zkLend hacks. According to Certik, crypto losses totaled nearly $1.53 billion in Feb., representing a nearly 1,500% increase from the $98 million in losses…
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Ethereum
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Bybit sparks debates as it seeks nearly $100k in refund from ParaSwap DAO tied to hacker’s swap fees
Bybit has requested a refund from ParaSwap DAO for swap fees paid by a hacker, sparking a governance debate over ethical responsibility. Cryptocurrency exchange Bybit wants ParaSwap DAO to return over $90,000 in Ethereum (ETH) in swap fees tied to…
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Ethereum
Follow-up
