BybitHack
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🚨 $1.5B Crypto Heist Hits Bybit — Largest Hack in History 💥💻
On Feb 21, 2025, the unthinkable happened:
$1.5 BILLION in Ethereum was stolen from Bybit, marking the largest crypto theft ever recorded. 😨
But here’s the shocking part:
💼 The ETH wasn’t in a hot wallet.
❄️ It was in cold storage — supposedly the safest place in crypto.
---
🔍 What Went Down?
Hackers breached one of Bybit’s cold wallets during a routine transfer to a “warm” wallet.
They siphoned funds in $10K batches across hundreds of wallets, vanishing without a trace.
Preliminary investigations point to the Lazarus Group, a North Korean cybercrime outfit
---
⚠️ Fallout & Reactions
• ETH price dropped ~4% on the news
• Over 350,000 withdrawal requests flooded Bybit
• The platform is still operational — and pledged to fully refund all users
🧠 CEO Ben Zhou confirmed:
> “Bybit is solvent. All client funds are 1:1 backed.”
They’re now calling on the world’s top cybersecurity minds to track and recover the stolen ETH.
---
💡 Why This Matters in 2025
This hack isn’t just about money.
It’s a wake-up call about how vulnerable centralized platforms still are, even with cold storage.
✅ Your takeaways:
• Diversify your holdings — don’t keep everything in one place
• Self-custody isn’t immune, but gives YOU control
• Stay informed. Stay alert.
---
💬 Crypto never sleeps.
Neither do the hackers.
Security isn’t optional — it’s survival.
#CryptoSecurity #BybitHack #Ethereum #BlockchainSafety $BTC $ETH
On Feb 21, 2025, the unthinkable happened:
$1.5 BILLION in Ethereum was stolen from Bybit, marking the largest crypto theft ever recorded. 😨
But here’s the shocking part:
💼 The ETH wasn’t in a hot wallet.
❄️ It was in cold storage — supposedly the safest place in crypto.
---
🔍 What Went Down?
Hackers breached one of Bybit’s cold wallets during a routine transfer to a “warm” wallet.
They siphoned funds in $10K batches across hundreds of wallets, vanishing without a trace.
Preliminary investigations point to the Lazarus Group, a North Korean cybercrime outfit
---
⚠️ Fallout & Reactions
• ETH price dropped ~4% on the news
• Over 350,000 withdrawal requests flooded Bybit
• The platform is still operational — and pledged to fully refund all users
🧠 CEO Ben Zhou confirmed:
> “Bybit is solvent. All client funds are 1:1 backed.”
They’re now calling on the world’s top cybersecurity minds to track and recover the stolen ETH.
---
💡 Why This Matters in 2025
This hack isn’t just about money.
It’s a wake-up call about how vulnerable centralized platforms still are, even with cold storage.
✅ Your takeaways:
• Diversify your holdings — don’t keep everything in one place
• Self-custody isn’t immune, but gives YOU control
• Stay informed. Stay alert.
---
💬 Crypto never sleeps.
Neither do the hackers.
Security isn’t optional — it’s survival.
#CryptoSecurity #BybitHack #Ethereum #BlockchainSafety $BTC $ETH
🚨 $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
💰 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🥹
$1.5B #BybitHack 3 DAYS AGO
$49.5M #InfiniHack TODAY
( Hackers stole $USDC ,converted to $DAI,bought 17,696 $ETH ,moved to new wallet )
$1.55B GONE IN A WEEK
Is our industry just funding hackers and
scammers at this point ?
I remember when we used to talk about
blockchain innovation, mass adoption
and changing the financial system.
Now every morning I wake up to news
of another million/billion dollar hack and we
act like this is normal ?
Retail money getting wiped by hackers
while we post charts and predictions.
This is not what we signed up for.😔
Few understand this pain🥹
See original
Scary bybit investors flock to withdraw their assets. Are investors in bybit starting to lose trust in the exchange or is it temporary panic. Please note that the market may be volatile over this incident, stay careful in this digital world, don't trust anyone easily$BTC $BNB $SOL
#BybitSecurityBreach #BybitHack #FTXrepayment
#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
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
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 $1.5 billion from the Bybit exchange, causing major concerns about crypto security. (Source)
Bangladesh Crypto Scam Alert
A new scam is using the image of Finance Adviser Salehuddin and a fake news website to deceive people on Facebook. Beware of phishing scams! (Source)
Final Thoughts:
° The market is highly volatile right now.
° Security concerns are rising after the Bybit hack.
#CryptoNewss #BybitHack #BTC #ETH #Xrp🔥🔥
1. Bitcoin ($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
💰💻 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 🚀💎
💥 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 🚀💎
🚨🚨🚨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
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
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
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
#Ethereum - $ETH - 4H Update
We are at the same place as I explained yesterday, there is no difference.
The same target levels as the analysis I quoted still applies. Low volume and low volatility continue.
We are at the same place as I explained yesterday, there is no difference.
The same target levels as the analysis I quoted still applies. Low volume and low volatility continue.
🚨 North Korea Behind $1.5bn Hack of Crypto Exchange ByBit, Says FBI 💻💰
In a shocking revelation, the FBI has confirmed that North Korea is behind one of the largest hacks in the history of cryptocurrency. 😱💥 The hack targeted the ByBit crypto exchange, stealing a staggering $1.5 billion worth of digital assets. 💸
🚨 The Hack: A Massive Breach 💻
The attack, which took place in late 2024, was meticulously planned and executed by a group linked to North Korea’s Lazarus Group, a notorious hacking collective. 🕵️♂️🔒 They managed to breach ByBit’s security, siphoning off massive amounts of crypto assets from the platform. 😯💣
🚨 Why ByBit? 🧐
ByBit is one of the world’s largest crypto exchanges, making it an obvious target for cybercriminals. 🏦 With a large user base and billions in transaction volume, it was ripe for a hack. 🤑 But why North Korea? Well, the regime has long been known for funding its activities through cybercrime and cryptocurrency theft. 🏴☠️💥
🕵️♂️ The FBI’s Findings 🔍
The FBI has traced the stolen funds to accounts controlled by North Korea, confirming their involvement. 💼💸 The Lazarus Group, which has previously been linked to high-profile cyberattacks, has now been tied to this massive hack. 😡
🚨 Crypto in Danger? 🔐
This hack raises serious concerns about the safety of cryptocurrency exchanges and the growing role of state-backed hackers in digital finance. 😬💥 While ByBit assured users that they’re working on bolstering security, many are now questioning the reliability of exchanges overall. 🤔🔒
🌍 What’s Next? 👀
As authorities investigate further, the crypto community remains on edge. ⚠️ With hacks becoming more sophisticated, will exchanges step up their security measures? 🛡️ Or will we see more breaches like this in the future? 🔮
Stay safe and protect your assets! 🔐💼
#NorthKoreaHack #CryptoSecurity #ByBitHack #FBI #CryptoNews #Blockchain
$XRP
$SHELL
$FLOW
In a shocking revelation, the FBI has confirmed that North Korea is behind one of the largest hacks in the history of cryptocurrency. 😱💥 The hack targeted the ByBit crypto exchange, stealing a staggering $1.5 billion worth of digital assets. 💸
🚨 The Hack: A Massive Breach 💻
The attack, which took place in late 2024, was meticulously planned and executed by a group linked to North Korea’s Lazarus Group, a notorious hacking collective. 🕵️♂️🔒 They managed to breach ByBit’s security, siphoning off massive amounts of crypto assets from the platform. 😯💣
🚨 Why ByBit? 🧐
ByBit is one of the world’s largest crypto exchanges, making it an obvious target for cybercriminals. 🏦 With a large user base and billions in transaction volume, it was ripe for a hack. 🤑 But why North Korea? Well, the regime has long been known for funding its activities through cybercrime and cryptocurrency theft. 🏴☠️💥
🕵️♂️ The FBI’s Findings 🔍
The FBI has traced the stolen funds to accounts controlled by North Korea, confirming their involvement. 💼💸 The Lazarus Group, which has previously been linked to high-profile cyberattacks, has now been tied to this massive hack. 😡
🚨 Crypto in Danger? 🔐
This hack raises serious concerns about the safety of cryptocurrency exchanges and the growing role of state-backed hackers in digital finance. 😬💥 While ByBit assured users that they’re working on bolstering security, many are now questioning the reliability of exchanges overall. 🤔🔒
🌍 What’s Next? 👀
As authorities investigate further, the crypto community remains on edge. ⚠️ With hacks becoming more sophisticated, will exchanges step up their security measures? 🛡️ Or will we see more breaches like this in the future? 🔮
Stay safe and protect your assets! 🔐💼
#NorthKoreaHack #CryptoSecurity #ByBitHack #FBI #CryptoNews #Blockchain
$XRP
$SHELL
$FLOW
EU Investigates OKX Over Money Laundering from Bybit Hack! Are Sanctions Coming?
Bybit Hack: EU Probes OKX for Laundering $100 Million in Stolen Crypto
European regulators have launched an investigation into OKX after hackers used its Web3 platform to launder approximately $100 million in stolen cryptocurrency from the Bybit attack.
📌 Authorities are now assessing whether OKX falls under MiCA (Markets in Crypto-Assets Regulation) and whether sanctions should be imposed.
📌 There is growing debate over whether the exchange could lose its license within the EU.
The investigation comes as European regulators tighten their oversight of crypto exchanges and explore ways to better regulate decentralized finance (DeFi) platforms.
How Did Hackers Use OKX to Launder Money?
According to a Bloomberg report, hackers used OKX Web3 services to move stolen assets—mainly Ethereum (ETH)—through decentralized platforms and cross-chain bridges.
🔹 The attack is considered one of the most sophisticated cyberattacks in the crypto industry.
🔹 The EU is now debating whether OKX’s Web3 platform should be regulated like its main exchange.
🔹 Some regulators argue that OKX is responsible, while others claim fully decentralized platforms are exempt from MiCA regulations.
Did OKX Violate MiCA Rules? Regulators Consider Sanctions
📆 On March 6, regulators from all 27 EU member states met to discuss whether OKX violated MiCA regulations and whether stricter measures should be imposed.
🔹 Austria and Croatia argue that the Web3 platform is linked to OKX’s main exchange and should be regulated.
🔹 Under Article 64 of MiCA, a license can be revoked if an exchange fails to prevent money laundering or violates financial regulations.
🔹 ESMA (European Securities and Markets Authority) and EBA (European Banking Authority) are pushing for further investigations into OKX.
Malta Reconsiders OKX’s MiCA License
Malta, which granted OKX preliminary MiCA authorization, is now reviewing its validity.
📌 OKX secured approval in January to operate within the European Economic Area (EEA).
📌 Following the Bybit hack, Malta’s financial regulator is reconsidering whether to revoke the license.
📌 EU officials will meet with OKX executives to address the situation.
If regulators find MiCA violations, OKX could face sanctions or even be banned from operating in the EU.
📢 What are your thoughts on increasing crypto exchange regulations? Should OKX be held accountable for laundering stolen funds?
#BybitHack , #CryptoSecurity , #blockchain , #CyberSecurity , #ETH
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
European regulators have launched an investigation into OKX after hackers used its Web3 platform to launder approximately $100 million in stolen cryptocurrency from the Bybit attack.
📌 Authorities are now assessing whether OKX falls under MiCA (Markets in Crypto-Assets Regulation) and whether sanctions should be imposed.
📌 There is growing debate over whether the exchange could lose its license within the EU.
The investigation comes as European regulators tighten their oversight of crypto exchanges and explore ways to better regulate decentralized finance (DeFi) platforms.
How Did Hackers Use OKX to Launder Money?
According to a Bloomberg report, hackers used OKX Web3 services to move stolen assets—mainly Ethereum (ETH)—through decentralized platforms and cross-chain bridges.
🔹 The attack is considered one of the most sophisticated cyberattacks in the crypto industry.
🔹 The EU is now debating whether OKX’s Web3 platform should be regulated like its main exchange.
🔹 Some regulators argue that OKX is responsible, while others claim fully decentralized platforms are exempt from MiCA regulations.
Did OKX Violate MiCA Rules? Regulators Consider Sanctions
📆 On March 6, regulators from all 27 EU member states met to discuss whether OKX violated MiCA regulations and whether stricter measures should be imposed.
🔹 Austria and Croatia argue that the Web3 platform is linked to OKX’s main exchange and should be regulated.
🔹 Under Article 64 of MiCA, a license can be revoked if an exchange fails to prevent money laundering or violates financial regulations.
🔹 ESMA (European Securities and Markets Authority) and EBA (European Banking Authority) are pushing for further investigations into OKX.
Malta Reconsiders OKX’s MiCA License
Malta, which granted OKX preliminary MiCA authorization, is now reviewing its validity.
📌 OKX secured approval in January to operate within the European Economic Area (EEA).
📌 Following the Bybit hack, Malta’s financial regulator is reconsidering whether to revoke the license.
📌 EU officials will meet with OKX executives to address the situation.
If regulators find MiCA violations, OKX could face sanctions or even be banned from operating in the EU.
📢 What are your thoughts on increasing crypto exchange regulations? Should OKX be held accountable for laundering stolen funds?
#BybitHack , #CryptoSecurity , #blockchain , #CyberSecurity , #ETH
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
A Shocking Turn of Events: Bitcoin’s Sudden Plunge and Bybit’s Unexpected Twist 🚨
$BTC
The crypto market has just witnessed a high-stakes event that sent shockwaves through the industry. Bybit, one of the leading cryptocurrency exchanges, reportedly suffered a major security breach, resulting in millions in losses. However, instead of crumbling under pressure, the situation took an unexpected turn.
Market Shake-Up: A Well-Timed Move?
Rather than a direct collapse, a synchronized reaction unfolded across major trading platforms. Bitcoin experienced a sudden and sharp decline, triggering a wave of panic-selling. Whales began offloading their holdings, setting off a cascade of liquidations that wiped out small and medium traders in the process. This turbulence led to massive wealth redistribution, with Bybit emerging from the chaos stronger than expected.
More Than Just a Market Dip – A Strategic Play?
This event wasn’t merely a random correction—it appeared to be a well-orchestrated market shift. A perfectly timed downturn allowed major players to absorb liquidity, consolidate control, and recover losses under the guise of volatility. Traders must remain vigilant, as the crypto landscape is no longer just about buying and selling—it’s a strategic battlefield where knowledge and timing are everything.
Stay informed, stay prepared, and never underestimate the power of the market’s biggest players. Adapt or be left behind.
#CryptoAlert #BitcoinMarket #BybitHack #CryptoManipulation #StayAhead
$BTC
The crypto market has just witnessed a high-stakes event that sent shockwaves through the industry. Bybit, one of the leading cryptocurrency exchanges, reportedly suffered a major security breach, resulting in millions in losses. However, instead of crumbling under pressure, the situation took an unexpected turn.
Market Shake-Up: A Well-Timed Move?
Rather than a direct collapse, a synchronized reaction unfolded across major trading platforms. Bitcoin experienced a sudden and sharp decline, triggering a wave of panic-selling. Whales began offloading their holdings, setting off a cascade of liquidations that wiped out small and medium traders in the process. This turbulence led to massive wealth redistribution, with Bybit emerging from the chaos stronger than expected.
More Than Just a Market Dip – A Strategic Play?
This event wasn’t merely a random correction—it appeared to be a well-orchestrated market shift. A perfectly timed downturn allowed major players to absorb liquidity, consolidate control, and recover losses under the guise of volatility. Traders must remain vigilant, as the crypto landscape is no longer just about buying and selling—it’s a strategic battlefield where knowledge and timing are everything.
Stay informed, stay prepared, and never underestimate the power of the market’s biggest players. Adapt or be left behind.
#CryptoAlert #BitcoinMarket #BybitHack #CryptoManipulation #StayAhead
North Korean Lazarus Group Escalates Cyber War on Crypto – Developers Are the New Target
Hackers from Lazarus Group Target Crypto Developers
The notorious North Korean hacking syndicate, Lazarus Group, has intensified its cyber warfare against the cryptocurrency sector, now setting its sights on developers.
According to the latest security investigation, Lazarus Group has infiltrated npm, one of the most widely used software package repositories for JavaScript developers. By leveraging typosquatting tactics (deliberately mimicking legitimate package names), they have uploaded malicious versions of popular npm packages.
These infected packages deploy a stealthy malware called BeaverTail, which can:
🔹 Steal developer login credentials.
🔹 Extract saved browser passwords.
🔹 Access sensitive wallet data, including Solana and Exodus wallets.
Security researchers discovered that all stolen data is transmitted to a hardcoded command-and-control (C2) server, a known Lazarus Group tactic for discreetly exfiltrating sensitive information.
According to Kirill Boychenko, a cybersecurity threat analyst, this method poses a severe risk to developers working on financial and blockchain applications.
Lazarus Group Behind the $1.46 Billion Bybit Hack
Beyond attacking the developer ecosystem, Lazarus Group has been linked to one of the largest crypto exchange hacks in history.
On February 21, 2025, hackers associated with the group successfully infiltrated Bybit, one of the world’s leading crypto exchanges, making off with an estimated $1.46 billion in digital assets.
How Did the Hackers Pull It Off?
🔹 They exploited a security flaw within Bybit’s infrastructure.
🔹 Manipulated Ethereum smart contract logic.
🔹 Redirected funds to their controlled wallets.
Bybit’s CEO, Ben Zhou, confirmed that despite immediate intervention, 20% of the stolen funds had already been laundered through mixing services, making them nearly impossible to trace.
North Korea Funds Its Nuclear Program with Stolen Crypto
A 2024 UN report revealed that North Korean cybercriminals were responsible for over 35% of all global crypto thefts in the past year, accumulating over $1 billion in stolen digital assets.
Lazarus Group is not just a cybercrime syndicate but also a geopolitical threat, as the stolen funds are reportedly being directly funneled into national military and defense programs.
Developers Are Under Attack – How to Stay Safe
With rising cyber threats, security experts are urging developers and crypto users to adopt stricter security measures to protect themselves from Lazarus Group’s attacks. Key recommendations include:
🔹 Verifying the authenticity of software packages before installation.
🔹 Using AI-powered tools like Socket AI Scanner to detect anomalies.
🔹 Enabling multi-factor authentication (MFA) for wallets, exchanges, and developer accounts.
🔹 Monitoring network activity and blocking suspicious traffic.
Bybit Launches Bounty for Stolen Funds Recovery
Following the Bybit hack, the exchange has introduced a Recovery Bounty Program, offering up to 10% of recovered funds as a reward for anyone who helps track the stolen assets.
The Cyber War on Crypto Is Just Beginning
As Lazarus Group continues evolving its attack methods, it is clear that the war between hackers and the crypto industry is far from over.
Developers, exchanges, and investors must remain vigilant, strengthening security defenses to prevent becoming the next victims of these sophisticated cyberattacks.
#CryptoSecurity , #HackerAlert , #BybitHack , #CyberSecurity , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The notorious North Korean hacking syndicate, Lazarus Group, has intensified its cyber warfare against the cryptocurrency sector, now setting its sights on developers.
According to the latest security investigation, Lazarus Group has infiltrated npm, one of the most widely used software package repositories for JavaScript developers. By leveraging typosquatting tactics (deliberately mimicking legitimate package names), they have uploaded malicious versions of popular npm packages.
These infected packages deploy a stealthy malware called BeaverTail, which can:
🔹 Steal developer login credentials.
🔹 Extract saved browser passwords.
🔹 Access sensitive wallet data, including Solana and Exodus wallets.
Security researchers discovered that all stolen data is transmitted to a hardcoded command-and-control (C2) server, a known Lazarus Group tactic for discreetly exfiltrating sensitive information.
According to Kirill Boychenko, a cybersecurity threat analyst, this method poses a severe risk to developers working on financial and blockchain applications.
Lazarus Group Behind the $1.46 Billion Bybit Hack
Beyond attacking the developer ecosystem, Lazarus Group has been linked to one of the largest crypto exchange hacks in history.
On February 21, 2025, hackers associated with the group successfully infiltrated Bybit, one of the world’s leading crypto exchanges, making off with an estimated $1.46 billion in digital assets.
How Did the Hackers Pull It Off?
🔹 They exploited a security flaw within Bybit’s infrastructure.
🔹 Manipulated Ethereum smart contract logic.
🔹 Redirected funds to their controlled wallets.
Bybit’s CEO, Ben Zhou, confirmed that despite immediate intervention, 20% of the stolen funds had already been laundered through mixing services, making them nearly impossible to trace.
North Korea Funds Its Nuclear Program with Stolen Crypto
A 2024 UN report revealed that North Korean cybercriminals were responsible for over 35% of all global crypto thefts in the past year, accumulating over $1 billion in stolen digital assets.
Lazarus Group is not just a cybercrime syndicate but also a geopolitical threat, as the stolen funds are reportedly being directly funneled into national military and defense programs.
Developers Are Under Attack – How to Stay Safe
With rising cyber threats, security experts are urging developers and crypto users to adopt stricter security measures to protect themselves from Lazarus Group’s attacks. Key recommendations include:
🔹 Verifying the authenticity of software packages before installation.
🔹 Using AI-powered tools like Socket AI Scanner to detect anomalies.
🔹 Enabling multi-factor authentication (MFA) for wallets, exchanges, and developer accounts.
🔹 Monitoring network activity and blocking suspicious traffic.
Bybit Launches Bounty for Stolen Funds Recovery
Following the Bybit hack, the exchange has introduced a Recovery Bounty Program, offering up to 10% of recovered funds as a reward for anyone who helps track the stolen assets.
The Cyber War on Crypto Is Just Beginning
As Lazarus Group continues evolving its attack methods, it is clear that the war between hackers and the crypto industry is far from over.
Developers, exchanges, and investors must remain vigilant, strengthening security defenses to prevent becoming the next victims of these sophisticated cyberattacks.
#CryptoSecurity , #HackerAlert , #BybitHack , #CyberSecurity , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨 $ETH /USDT – Bearish Momentum After Bybit Hack News 📉💔
📊 Now Price: $2,709
📉 Bearish signals are emerging after the Bybit ETH hack news. The market might face further downside pressure.
📌 What to Do Now?
✅ Set Stop Loss – Protect your capital, especially if the price continues to drop.
✅ Wait for a Confirmation of Bottom – Look for key support levels around $2,600 to enter for potential bounce.
✅ Monitor News – Stay updated on the Bybit hack situation and how it affects ETH’s market sentiment.
🔻 Market Insight:
The hack has created some uncertainty, and if the selling pressure increases, $ETH might test lower levels before a recovery. Be cautious and prepared for more volatility.
💡 Pro Tip: Don’t rush into trades—wait for stability and confirmation of bullish reversal before buying.
📢 Post by @DeFiTitan
👍 Like, 🔄 Share & 💬 Comment, but don’t copy without permission!
#ETH #BearishTrend #BybitHack #CryptoAnalysis #DeFiTitan
$ETH
📊 Now Price: $2,709
📉 Bearish signals are emerging after the Bybit ETH hack news. The market might face further downside pressure.
📌 What to Do Now?
✅ Set Stop Loss – Protect your capital, especially if the price continues to drop.
✅ Wait for a Confirmation of Bottom – Look for key support levels around $2,600 to enter for potential bounce.
✅ Monitor News – Stay updated on the Bybit hack situation and how it affects ETH’s market sentiment.
🔻 Market Insight:
The hack has created some uncertainty, and if the selling pressure increases, $ETH might test lower levels before a recovery. Be cautious and prepared for more volatility.
💡 Pro Tip: Don’t rush into trades—wait for stability and confirmation of bullish reversal before buying.
📢 Post by @DeFiTitan
👍 Like, 🔄 Share & 💬 Comment, but don’t copy without permission!
#ETH #BearishTrend #BybitHack #CryptoAnalysis #DeFiTitan
$ETH
🚨 Market Heading Down After Bybit Hack News 📉🔻
📊 Recent Price Action:
Following the Bybit hack news, the market has been under significant downward pressure. The overall market sentiment has turned bearish, and many coins are seeing declines.
📌 What to Do Now?
✅ Protect Your Portfolio: Consider setting stop-loss orders to safeguard against further declines.
✅ Wait for Support Levels: Look for strong support zones to buy on dips.
✅ Monitor News Closely: The Bybit hack news is causing volatility; stay informed for any updates.
🔻 Market Insight:
The Bybit hack has sent shockwaves through the crypto market, and we may see continued bearish movement in the short term. Be cautious and patient.
💡 Pro Tip: Don’t panic sell during market downturns. Take your time, analyze, and make informed decisions.
📢 Post by @DeFiTitan
👍 Like, 🔄 Share & 💬 Comment, but don’t copy without permission!
#BybitHack #CryptoMarketDownturn #BearishTrend #DeFiTitan #BinanceAlphaAlert
$BTC $ETH $BNB
📊 Recent Price Action:
Following the Bybit hack news, the market has been under significant downward pressure. The overall market sentiment has turned bearish, and many coins are seeing declines.
📌 What to Do Now?
✅ Protect Your Portfolio: Consider setting stop-loss orders to safeguard against further declines.
✅ Wait for Support Levels: Look for strong support zones to buy on dips.
✅ Monitor News Closely: The Bybit hack news is causing volatility; stay informed for any updates.
🔻 Market Insight:
The Bybit hack has sent shockwaves through the crypto market, and we may see continued bearish movement in the short term. Be cautious and patient.
💡 Pro Tip: Don’t panic sell during market downturns. Take your time, analyze, and make informed decisions.
📢 Post by @DeFiTitan
👍 Like, 🔄 Share & 💬 Comment, but don’t copy without permission!
#BybitHack #CryptoMarketDownturn #BearishTrend #DeFiTitan #BinanceAlphaAlert
$BTC $ETH $BNB
See original
📉The cryptocurrency market fell sharply this week following a series of negative events, such as the Bybit hack, the fraudulent launch of the LIBRA token, and the announcement of new tariffs by Donald Trump.
📈Despite the drop, MKR rose over 10% and story increased more than 6%, with the latter reaching a new all-time high.
🔴These were the only two cryptocurrencies that managed to stand out in a week where the market was painted red.
Subscribe here and receive this newsletter every Sunday 👈
#libra #MKR #TRUMP #BybitHack #DonaldTrump $SOL
📈Despite the drop, MKR rose over 10% and story increased more than 6%, with the latter reaching a new all-time high.
🔴These were the only two cryptocurrencies that managed to stand out in a week where the market was painted red.
Subscribe here and receive this newsletter every Sunday 👈
#libra #MKR #TRUMP #BybitHack #DonaldTrump $SOL
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