North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
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Ben Zhou and the Bybit Hack: How a $1.5 Billion Crisis Unfolded
Hackers stole $1.5 billion from Bybit, exploiting a flaw in the cold-to-warm wallet transfer process and bypassing security ...
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Bybit’s CEO Ben Zhou: 20% of the hacked funds have gone dark
The Bybit funds have been swapped, but 77% are still traceable, noted the exchange's CEO Ben Zhou. The hack caused unprecedented partnership with other markets and protocols to intercept funds where ...
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Bybit Suffers Historic $1.5 Billion Crypto Heist in Largest Exchange Hack
“Please rest assured that all other cold wallets are secure,” Ben Zhou, CEO of Bybit, posted on X. “All withdrawals are NORMAL.” Bybit ETH multisig cold wallet just made a transfer to our ...