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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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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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North Korea became the world’s fifth-largest sovereign Bitcoin holder after Lazarus stole over $1.4 billion from Bybit.

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A new Lazarus campaign is spreading through npm packages, using BeaverTail malware to steal credentials, exfiltrate cryptocurrency data, and deploy a persistent backdoor. North Korea‘s Lazarus Group has planted six malicious packages in npm, targeting developers and cryptocurrency users, a…

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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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Bybit’s CEO says more than $200 million of the $1.46 billion stolen from the exchange has become untraceable due to mixing services. Bybit‘s CEO Ben Zhou says nearly 20% of the funds are now untraceable, just less than two weeks…

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The quick laundering of over $400 million from Bybit’s hack suggests North Korea may have expanded its operations, analysts say. Over $400 million from Bybit‘s $1.46 billion incident was laundered in just days, with analysts at blockchain forensic firm TRM…

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The recent Bybit hack is a geopolitical issue rather than a fundamental flaw in cryptocurrency security, according to Crucible Capital’s Meltem Demirors. Speaking on CNBC’s “Power Lunch,” Demirors and TrustedSec CEO David Kennedy linked the attack to North Korea’s Lazarus…

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Why do the world’s biggest crypto hacks always lead back to Park Jin Hyok? From Sony to Bybit, how has he perfected billion-dollar cyber thefts? Lazarus strikes again In a startling event on Feb. 21, Bybit, a prominent cryptocurrency exchange…

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Bybit was hit with one of the biggest hacks in crypto history, losing $1.4 billion overnight. But instead of collapsing, it’s fighting back at full speed. What has happened since? Let’s break it down. Bybit regaining strength bit by bit…

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Crypto exchange Bybit, which lost over $1.4 billion in a suspected North Korean hacker attack, says it fully covered the loss within two days. Cryptocurrency exchange Bybit covered its $1.46 billion loss from a recent hacker attack through a mix…

Follow-up
Senator Elizabeth Warren has demanded answers from Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, regarding his financial ties to Tether. Ahead of Lutnick’s Senate confirmation hearing, Warren sent a letter questioning his ability to serve impartially while maintaining…

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In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean…

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South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime’s weapons programs. The South Korean government has announced sanctions on the 313 Bureau, a North…

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Japanese police revealed Tuesday that hackers affiliated with the North Korean regime are likely behind the $307 million attack on crypto exchange DMM Bitcoin. North Korean hackers are said to be behind a multi-million attack on a crypto exchange, which…