Crypto mixers and crosschain bridges: How hackers launder stolen assets
Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.
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Ripple Co-Founder Chris Larsen Lost $150M in XRP Due to Lastpass Hack, Forfeiture Complaint Says
A recent forfeiture complaint by U.S. law enforcement revealed that Ripple co-founder Chris Larsen lost $150 million in XRP due to compromised private keys stored in Lastpass, a password manager…
How crypto exchanges handle liquidity crises after major hacks
Crypto exchanges manage liquidity crises following major hacks by leveraging insurance funds, seeking emergency financing, suspending services, and collaborating with industry players.
ZachXBT Exposes Lazarus Group’s Latest $3.1M Heist Draining a Tron User’s Wallet
North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit…
Bybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days
The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day…
FBI Calls on Public to Help Stop North Korea’s $1.5B Bybit Crypto Laundering Now
The FBI urged immediate action to block transactions tied to North Korea’s $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and…
Bybit Restores 77% of Assets Under Management, Strengthens Security After Hacking Incident
Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity,…
Third-Party Audits Clear Bybit in Safe Wallet Breach by Lazarus Group
Bybit stated its infrastructure was unaffected in the $1.4 billion security incident involving compromised developer machine credentials at Safe Wallet, which enabled unauthorized transactions. Bybit Confirms Systems Secure After Safe…
Bybit Dangles $140M Bounty in High-Stakes Hunt for North Korea-Linked Crypto Bandits
Two days prior, the Bybit exploiter retained custody of 449,395.23 ethereum (ETH), yet within a 48-hour window, the actor relocated 71,862.63 ETH—valued at $173 million—across decentralized ledgers. Bybit Launches Lazarusbounty.com…
Bybit’s Phantom Hacker Becomes Ethereum’s Shadow Whale by Fragmenting Fortune Across 54 Wallets
In recent days, the cryptocurrency platform Bybit fell victim to a sophisticated cyberattack, hemorrhaging over $1.4 billion in assets purportedly tied to operatives from North Korea. As of this report,…
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