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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…

Continue ReadingBybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days

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…

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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…

Continue ReadingBybit Dangles $140M Bounty in High-Stakes Hunt for North Korea-Linked Crypto Bandits

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,…

Continue ReadingBybit’s Phantom Hacker Becomes Ethereum’s Shadow Whale by Fragmenting Fortune Across 54 Wallets

North Korea’s Lazarus Group’s Sophisticated Tactics Behind $1.46B Bybit Crypto Heist

North Korea’s Lazarus Group, a state-backed hacking collective renowned for its technical sophistication, executed the largest cryptocurrency theft in history by stealing $1.46 billion from Bybit, investigators confirmed. North Korea’s…

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