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North Korea, crypto and Bybit hack

Hosted on MSN · 1h

North Korea’s $1.5 billion crypto hack is chump change — given what’s lurking

Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.

TechCrunch on MSN · 1d

Researchers accuse North Korea of $1.4 billion Bybit crypto heist

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

PCMag on MSN · 1d

Who Pulled Off the Biggest Crypto Heist in History? Signs Point to North Korea

Researchers spot the $1.4 billion stolen from Bybit moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.

Crypto, Bitcoin and Hack

TechRepublic · 1d

$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever

Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.

Hosted on MSN · 23h

Bitcoin reels below $90,000 as Bybit hack adds to crypto blues

Bitcoin headed for its biggest one-day drop since August on Tuesday, driven by nervousness over U.S. tariffs and results from Nvidia, as last week's hack of $1.5 billion worth of ether from the Bybit exchange delivered a blow to investor confidence.

USA Today · 23h

Bitcoin drops below $90,000 amid US tariffs and Bybit hack fallout

Bitcoin, BTC= the world's largest cryptocurrency by market value, broke below $90,000 to its lowest since November 18, falling by as much as 7.5% at one point. It was last down 5% on the day at $89,314.

5hon MSN

Bybit $1.4B hack investigators tie over 11K wallets to North Korean hackers

Bybit, Elliptic and ZeroShadow uncovered over 11,000 crypto wallets tied to North Korean hackers as part of a massive ...

The Bybit Hack Explained: What Happened, Who Did It, What Happens Next

The Bybit hack shows that North Korean cybercriminals are getting more sophisticated, and even major crypto exchanges are ...

14hon MSN

Bitcoin price plunge to $87K ‘not unexpected’ after Bybit hack: Expert

Bitcoin is currently trading at a price of $87,261, a dramatic reversal for the world’s largest cryptocurrency that some ...

1don MSN

5 things to know for Feb. 25: Immigration, Federal job cuts, US-Russia relations, Egg surcharge, Crypto hack

The notoriously disastrous Fyre Festival is getting a sequel after a scrapped reboot attempt in 2023. The music festival will ...

Cryptopolitan on MSN1d

Bybit exchange repays 40,000 ETH post-hack loan from Bitget

On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.

1don MSN

$1.5 billion Bybit hack: Proposal for risky Ethereum rollback ignites controversy

After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's ...

2d

Crypto Daybook Americas: Bybit Hack Fails to Ruffle Feathers, Traders Eye SOL ETF

Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.

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