$1.5B Bybit Hack is Linked to North Korea, FBI Says

$1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.
Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History
In response to the theft, Bybit has set an extraordinary bounty of up to $140 million to incentivize whistleblowers, security experts, and law enforcement agencies worldwide to track down the hackers. The bounty represents the largest reward ever offered by a crypto exchange in an effort to recover stolen funds.
North Korea was behind the $1.5B Bybit crypto hack, FBI says
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.
North Korea’s $1.5 Billion Heist Puts the Crypto World on Notice
As news started spreading about a massive hack on crypto exchange Bybit last Friday, cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase.
North Korean hackers ‘took just two minutes’ to pull off record $1.5bn heist
North Korean hackers took just two minutes to make off with $1.5bn (£1.2bn) in cryptocurrency, cyber security researchers believe, in the single biggest heist in history.
Analysts alarmed as North Korean hackers bypass ‘most secure’ crypto tech to swindle record $1.5 billion
Bybit clients withdrew almost $4 billion within two days of the attack; the company recovered just 3% of the total of the stolen crypto assets
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Ben Zhou, CEO: Bybit is solvent, will cover all claims despite a growing withdrawal queue
Bybit will repay all users, though some of the lost Ethereum (ETH) may be secured via a bridge loan for short-term claims.
Hacked crypto exchange Bybit offers $140M bounty to trace stolen funds
Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
Pi Network responds to Bybit CEO’s scam allegations
Pi Network has responded to a controversy triggered by a post from Bybit CEO Ben Zhou challenging the project’s legitimacy ...
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Bybit CEO Ben Zhou Declares War on Lazarus Group: Unveils $140M Hack Bounty
Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.
Bybit Restores Assets and Confidence Through Transparent Recovery Process
In alignment with its commitment to transparency, Bybit has conducted an additional proof of reserves audit, supplementing ...
Bybit CEO declares ‘war against Lazarus’ after $1.4B hack
A Bybit program showed users could receive a 10% bounty for tracing funds associated with a Feb. 21 hack, potentially netting ...
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UAE approved Bybit’s in-principal approval days before hack
Crypto exchange Bybit has received in-principal approval to establish a virtual assets platform in the United Arab Emirates ...
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Bybit Confirms Security Integrity Following Safe{Wallet} Incident – No Compromise in Exchange Infrastructure
Bybit affirmed that its trading infrastructure stayed secure through forensic examination after the Safe{Wallet} incident.
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Bybit Moves To Recover Stolen ETH: How This AI-Powered Meme Token Helps Investors
Bybit moves to recover stolen Ethereum (ETH), while AI-powered meme token FloppyPepe (FPPE) gains momentum, attracting ...