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Follow-up
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…
BTC
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…
BTC
Bitcoin
News
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…
BTC
Bitcoin
News
North Korea became the world’s fifth-largest sovereign Bitcoin holder after Lazarus stole over $1.4 billion from Bybit.
News
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…
News
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…
News
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…
News
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…
ETH
Ethereum
News
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…
ETH
Ethereum
News
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…
News
North Korea’s Lazarus Group has reportedly laundered all the 499,000 ETH, roughly $1.39 billion, stolen from the Bybit hack in just 10 days. According to a Mar. 4 post on X by on-chain analyst EmberCN, who has been tracking the…
News
North Korea’s Lazarus Group intensified efforts to launder funds from Bybit following what is considered the largest crypto hack in history at $1.4 billion. The cyberattackers moved another 62,200 ETH ($138 million) on March 1. This leaves them with just…
News
Bitcoin has entered bear territoriy, down 25% from its all-time high as macroeconomic uncertainty and political factors are spooking investors. Speaking on Bloomberg TV, crypto reporter Emily Nicolle argued that Bitcoin (BTC) is “still a very risk-on asset” that is…
News
After the Bybit hack, Binance is urging regulators and industry players to focus more on establishing universal security standards for the crypto industry. In a Binance live session to commemorate the start of Ramadan, Binance CEO Richard Teng said the…
BNB
BNB
News
THORChain developer Pluto announces his departure after a vote to block North Korean hacker-linked transactions was reverted. A validator is also threatening to exit unless the protocol can stop the flow of hacker funds. In a recent post, Pluto declared…
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