BybitHack

Bybit CEO talk about bybit hack OF $ETH by north korean hacker group lazarus
#bybithack #TrumpVsPowell #LazarusGroup

**Bybit CEO Reveals Update on $1.4B Crypto Hack**

Bybit CEO Ben Zhou has provided a detailed update on the $1.4 billion cryptocurrency hack that rocked the platform earlier this year. According to Zhou, approximately 68.57% of the stolen funds remain traceable, 3.84% have been successfully frozen, while 27.59% have gone dark—laundered through crypto mixers, bridges, and peer-to-peer (P2P) or over-the-counter (OTC) platforms.

The laundering strategy reportedly involved converting stolen Ethereum into Bitcoin via platforms like THORChain and utilizing mixing services to obscure the origin of the assets. These funds were then funneled through decentralized bridges and exchanged in P2P and OTC markets, making them difficult to track further.

Despite launching a bounty program to enlist the crypto community's help, only 70 of the 5,443 submitted reports were valid, highlighting the complexity of tracing such sophisticated laundering techniques.

The FBI has attributed the hack to the North Korean Lazarus Group, which allegedly exploited a vulnerability in Bybit’s cold wallet infrastructure. Bybit has since taken swift measures, including securing emergency funds to cover user losses and reinforce security protocols.

The incident underscores the persistent threat posed by state-sponsored hacking groups in the crypto space and the challenges exchanges face in safeguarding digital assets.

#BybitHack

🚨 $1.5 Billion Heist Rocks Crypto World

In a shocking reminder of the dark side of crypto, North Korea’s elite hacking unit TraderTraitor has pulled off the largest cryptocurrency theft in history.

🎯 The target? Bybit, one of the top global exchanges.
💸 The damage? A jaw-dropping $1.5 billion in stolen assets.

Linked to the infamous Lazarus Group and North Korean intelligence, these cybercriminals used spear-phishing and advanced malware to bypass top-tier security systems.

👉 This isn’t just another hack—it’s a wake-up call. The crypto space must evolve faster than cybercrime or risk losing trust, investors, and billions more.

🔐 Cybersecurity isn’t optional anymore—it’s survival.

What are your thoughts on how exchanges and platforms should respond?
Let’s discuss. 👇

#CryptoSecurity #BlockchainNews #BybitHack #CyberAttack #TraderTraitor #CryptoAlert #LazarusGroup #CryptoHeist #DigitalAssets #SecurityMatters

🚨 Bybit’s $1.5B Heist—The Truth Comes Out 💻🔓
The crypto world just got hit with a massive revelation—the hacker behind the Bybit exploit has been identified. Arkham Intelligence has linked the attack to Lazarus Group, a cybercrime syndicate backed by North Korea.
If you’ve been in crypto long enough, you’ve heard their name before. These guys have been pulling off high-stakes heists since 2009, draining billions and slipping away every time.
What happens next? Will the funds be recovered? Will Bybit users get justice? One thing’s for sure—this story isn’t over. 👀
#BinanceAlphaAlert #BybitHack #LazarusGroup

#TokenMovementSignals The hacker is moving $1.4B of stolen funds into multiple wallets.
#BybitHack

⚠️ Bybit se $1.46 Billion ka Hack! 😱💸

🚨 Ek unknown whale ne 401,346 ETH (~$1.46 billion) exchange se withdraw karke bechna shuru kar diya! 📉🔥

⚡️ Bybit CEO ka bayan:

✅ "Hum solvent hain!" 💪

✅ "Hack ke losses recover na bhi ho sakein, phir bhi sabhi customers ke funds 1:1 fully backed hain." 🛡️

💰 Withdrawals abhi bhi smoothly chal rahe hain, jab tak investigation chal rahi hai aur stolen funds trace kiye ja rahe hain. 🕵️‍♂️🔍

📢 Aapka is hack ke baare me kya sochna hai? 🤔👇

#BybitHack #CryptoSecurity #Ethereum #Hacked

Scary bybit investors flock to withdraw their assets. Are investors in bybit starting to lose trust in the exchange or is it temporary panic. Please note that the market may be volatile over this incident, stay careful in this digital world, don't trust anyone easily$BTC $BNB $SOL

#BybitSecurityBreach #BybitHack #FTXrepayment

Bybit Hack Highlights Urgent Need for Enhanced Security

The cryptocurrency industry has been rocked by the largest hack in its history, as Bybit was exploited for over $1.4 billionon February 21, 2025. This single attack surpasses the total value of all crypto stolen in 2024, accounting for more than 60% of last year’s losses, according to Cyvers data. The breach has reignited concerns about the security of centralized exchanges (CEXs) and their vulnerability to sophisticated attacks.

The Bybit exploit underscores a troubling trend: despite the growing legitimacy of blockchain technology, the economy of hacking continues to thrive. Chainalysis data shows that while legitimate crypto use cases are expanding rapidly, illicit activity remains a persistent threat. The Lazarus Group, linked to North Korea, alone stole $1.34 billion in 2024, highlighting the scale of the challenge.

This incident follows other major breaches, including the $600 million Ronin Network hack in 2022 and the $568 million Binance BNB Bridge exploit in 2022. While some funds have been recovered in past attacks, the Bybit heist serves as a stark reminder of the need for robust security measures, including multi-signature wallets, real-time on-chain audits, and decentralized custody solutions.

The price of Ether (ETH) plummeted following the news, reflecting market sensitivity to such events. As the industry grapples with this crisis, the focus must shift toward building trust through transparency and innovation. Decentralized finance (DeFi) protocols and off-chain validation mechanisms could offer solutions, but the onus remains on exchanges to prioritize user protection.

The Bybit hack is a wake-up call for the crypto community. As we navigate this evolving landscape, staying informed and vigilant is crucial. Let’s work together to ensure the future of blockchain is secure, transparent, and resilient. #BybitHack #BybitSecurityBreach

🚨 Breaking News: Bybit Hacker Identified! 💥

In a major breakthrough, the entity responsible for the $1.5 billion Bybit hack has been uncovered! According to blockchain analytics firm Arkham Intelligence, the Lazarus Group, a notorious cybercriminal organization linked to the North Korean government, is behind the attack.
🕵️ Who Are the Lazarus Group?
🔹 This infamous hacking syndicate has been orchestrating large-scale cyber heists since 2009, targeting financial institutions, cryptocurrency exchanges, and global businesses.
🔹 They have been linked to multiple high-profile crypto breaches, making them one of the most dangerous threat actors in the digital finance space.
💡 What’s Next?
With authorities and cybersecurity firms closely monitoring the stolen funds, the industry is hopeful that some of the assets may be recovered. Meanwhile, this incident highlights the growing importance of security in the crypto world—traders and exchanges must stay vigilant and enhance protective measures against future threats.
🔒 Stay safe, secure your assets, and always use proper security protocols! 🔥

#BybitHack #CryptoSecurity

Crypto Market Update (February 26, 2025)

1. Bitcoin ($BTC ) Drops Below $90,000

Bitcoin is currently trading at $86,347, down significantly from its $109,000 peak in January. The decline is driven by regulatory uncertainty and a general market sell-off.

2. Ethereum ($ETH ) Falls Below $2,500

Ethereum has dropped 7.68% in the last 24 hours, now trading at $2,497.98. This decline aligns with the broader crypto market downturn.

3. XRP ($XRP ) Experiences 5% Drop

XRP is now at $2.22, after failing to sustain its earlier price gains.

Key Factors Impacting the Market:

Regulatory Uncertainty in the U.S.

Investors initially reacted positively to Trump's pro-crypto stance, but lack of clear regulations has led to disappointment. (Source)

$1.5 Billion Crypto Hack

North Korean hackers reportedly stole $1.5 billion from the Bybit exchange, causing major concerns about crypto security. (Source)

Bangladesh Crypto Scam Alert

A new scam is using the image of Finance Adviser Salehuddin and a fake news website to deceive people on Facebook. Beware of phishing scams! (Source)

Final Thoughts:

° The market is highly volatile right now.

° Security concerns are rising after the Bybit hack.

#CryptoNewss #BybitHack #BTC #ETH #Xrp🔥🔥

🚨💥 BREAKING NEWS! 💥🚨

💰💻 North Korea’s Infamous Lazarus Group has been EXPOSED for the $1.4 BILLION hack on ByBit! 🔥⚠️

According to on-chain detective @zachxbt, this is one of the biggest crypto heists ever! 🚀💀

Stay tuned for more updates! 🕵️‍♂️🔎

#BitBounty 🚀💰 #CryptoNews #HackingAlert #ByBitHack
$BNB $BTC $SOL

🚨 Forecast: Ethereum Falls After Bybit's $1.4B Hack 🚨

💥 Bybit's $1.44B ETH breach sent Ethereum tumbling to $2,850! 📉
💰 CEO Ben Zhou confirms bridge financing to meet soaring withdrawals.
📊 ETH needs to break its range-bound trend, with RSI & MACD above neutral.

🔻 ETH Dips After Bybit Hack! 🔻
🔥 Bybit revealed a massive hack, losing:
🟣 401,347 ETH ($1.12B)
🔵 90,376 stETH ($253.16M)
🟢 15,000 cmETH ($44.13M)
🟡 8,000 mETH ($23M)

💥 Futures Liquidation Shakes Market 💥
📉 $136.35M ETH liquidated in 24H
💔 Longs: $66.35M | Shorts: $70M

📈 Before the hack: ETH aimed for $2,900 as Open Interest (OI) surged 250K ETH to 8.90M ETH.
📉 After: OI plunged to 8.60M ETH 😨

💡 Many expected Bybit to buy ETH to cover losses, but Zhou clarified:
🛑 "We're NOT buying Ethereum!" 🚫
💰 "We've already secured 80% of the lost ETH via bridge loans for liquidity."

🔥 Will ETH recover, or is more turbulence ahead? 🌪️ #BybitHack #ETHCrash #CryptoNews 🚀💎

Ethereum Falls as Bybit Hack Leads to $1.4B Losses #BybitHack #CryptoSecurity #Ethereum #PiNetworkMainnet #PiCoreTeam

🚨🚨🚨Breaking news bybit got hacked more then 1.46 billion asset is looted and moved to 39 different Wallet address
In response bybit ceo Ben zehao said he will refund each and everyone funds because they can let's see if hacker nigotiate with bybit or no
(copied)
#BybitHack

🚨 BYBIT HACKER MOVES FUNDS TO BTC! 🚨

The Bybit hacker just transferred $6.2M of stolen ETH into BTC via Thorchain! 😱🔥

🔹 Also swapping ETH <> DAI using OKX Web3 Swap
🔹 Are they laundering funds or planning a bigger move? 👀

What’s next—tracked or lost forever? Drop your thoughts below! ⬇️🚀 #Crypto #BybitHack

#Ethereum - $ETH - 4H Update

The range movement here was a little different than in $BTC , and in fact, the movement in the internal structure was better (as I explained in the swing movements I marked).

Therefore, there are some small details that we need to look at a bit differently than I would associate with the sell-off that started with the US Global Services PMI data in $BTC . Except the PMI data, the Bybit Hack incident affected the asset was ETH, there were some confusing back and forths.

If we look at the price action; the range high liquidity wasn't swept in lower time frames before it was made a change of character (bearish CHoCH). This tells me that it may want to come lower before a new higher below the swing low that started the previous peak.

In this case, I think that the liquidity I marked below will be taken first and then below the green box liquidation (2,500 levels) will be targeted. The movement and newly formations after liquidation sweep will be important to follow.

I will be sharing updates and evaluate both what the price action says technically and whether there will be other situations affecting the market and/or $ETH related to the hack incident or whether it will be taken under control.

#BybitSecurityBreach #BybitHack

Bybit Hack: $1.4B Stolen, Draining 8.64% of Exchange’s Reserves

Bitcoin (BTC) dropped to around $97,000 after briefly approaching $100,000 earlier in the day, while ether (ETH) fell by almost 4%, dropping below the $2,700 mark.

The sudden price drop triggered the liquidation of about $100 million in leveraged derivatives positions, mostly from long traders expecting prices to rise. 

But It pulls back their gains to losses!

Very Unfortunate but it will be normal after time to pace back the market.

#BybitHack
#BybitWalletHack
#BinanceSquareFamily
#MarketUpdate

🚨 Bybit Hack: $1.5 Billion Stolen! Biggest Crypto Heists Revealed 🔥💸

The crypto world is shaken again as Bybit, one of the largest exchanges, suffered a massive $1.5 billion hack. This brings back memories of some of the biggest crypto thefts in history. Let’s dive into the Bybit breach and other record-breaking crypto heists.

💀 What Happened?

🔹 Hackers stole $1.5 billion worth of digital assets from Bybit.
🔹 The attack targeted hot wallets, exposing vulnerabilities in exchange security.
🔹 Bybit has paused withdrawals and is investigating the breach.

⚡ Biggest Crypto Hacks & Heists Ever!

🔸 Ronin Network (2022) – $625M Stolen 💀
🔸 Poly Network (2021) – $610M Breach 🔓
🔸 Mt. Gox (2014) – $470M Vanished 🏴‍☠️
🔸 FTX Collapse (2022) – $415M Hacked 🚨
🔸 Coincheck (2018) – $530M Lost 💸

🚀 Why It Matters?

📌 Security Risks – Despite advancements in blockchain security, hackers continue to exploit vulnerabilities.
📌 Trust Issues – Exchange hacks reduce confidence in centralized platforms, pushing more users toward self-custody.
📌 Regulatory Pressure – Governments & regulators might tighten crypto security measures after such breaches.

💡 How to Protect Your Crypto?

✅ Use cold wallets for large holdings.
✅ Enable 2FA & use strong passwords.
✅ Stick to trusted exchanges with solid security measures.
✅ Avoid clicking on phishing links & double-check transactions.

The Bybit hack is a harsh reminder of the risks in crypto! Do you think centralized exchanges are safe enough, or is DeFi the future? 🤔💬

🔥 $BTC $ETH $BNB



#BybitHack #CryptoSecurity #BlockchainNews #Bitcoin #CyberAttack

🚨 $140 MILLION BOUNTY TO TRACK CRYPTO HACKERS! 🚨

💰 One of the biggest crypto hunts is ON! Bybit CEO Ben Zhou has announced a $140M reward for anyone who helps track or freeze stolen funds linked to a North Korean hacker group!

🔍 How You Can Earn:
✅ 5% of the frozen amount if you identify the stolen funds.
✅ 5% for executing the freeze!

🚀 So far, 5 individuals have already recovered $4.23M in stolen assets!

This is one of the biggest crypto bounty hunts in history! Could you be the next one to claim a reward?

📢 Spread the word, share this post, and stay alert!

#CryptoNews #BybitHack #CryptoSecurity

ARE BANKS SAFER THAN CRYPTO ? 🤔

$1.5B #BybitHack 3 DAYS AGO
$49.5M #InfiniHack TODAY
( Hackers stole $USDC ,converted to $DAI,bought 17,696 $ETH ,moved to new wallet )

$1.55B GONE IN A WEEK

Is our industry just funding hackers and
scammers at this point ?

I remember when we used to talk about
blockchain innovation, mass adoption
and changing the financial system.

Now every morning I wake up to news
of another million/billion dollar hack and we
act like this is normal ?

Retail money getting wiped by hackers
while we post charts and predictions.

This is not what we signed up for.😔

Few understand this pain🥹