LazarusGroup
1.4M views
243 Discussing
Hot
Latest
šØ Inside Job or Nation-State Hack? CoinDCX Loses $44M in Shocking Breach! š„
Indiaās top crypto exchange, CoinDCX, just got hit by a $44 million internal heistāand the plot reads like a cyber-thriller. No user funds were touched, but the companyās operational wallet was drained in mid-July, all starting with a deceptively simple WhatsApp message.
š² A fake job offer tricked a CoinDCX engineer into installing malware on his work laptop. That opened the door for hackers to quietly siphon funds into six separate crypto wallets.
šØāš» The engineer, Rahul Agarwal, is now under investigation after ā¹15 lakh surfaced in his personal bank account. While he denies involvement, authorities are probing potential insider collusion.
šµļøāāļø Even more alarming? Signs point to North Koreaālinked actors, with tactics resembling the Lazarus Groupās signature moves.
š CoinDCX is fighting backāoffering an $11 million bounty to recover the stolen assets and working closely with law enforcement. The platform assures users their funds remain untouched.
š§ Key Lessons from the Breach:
Social engineering is still cryptoās greatest vulnerability.
Even internal trust can be exploited.
Ironclad device security and credential hygiene are critical.
No role is immuneāvigilance starts at the top.
The crypto world doesnāt just need decentralizationāit needs defense.
#CoinDCXHack #CyberSecurity #LazarusGroup #CryptoHeist
š² A fake job offer tricked a CoinDCX engineer into installing malware on his work laptop. That opened the door for hackers to quietly siphon funds into six separate crypto wallets.
šØāš» The engineer, Rahul Agarwal, is now under investigation after ā¹15 lakh surfaced in his personal bank account. While he denies involvement, authorities are probing potential insider collusion.
šµļøāāļø Even more alarming? Signs point to North Koreaālinked actors, with tactics resembling the Lazarus Groupās signature moves.
š CoinDCX is fighting backāoffering an $11 million bounty to recover the stolen assets and working closely with law enforcement. The platform assures users their funds remain untouched.
š§ Key Lessons from the Breach:
Social engineering is still cryptoās greatest vulnerability.
Even internal trust can be exploited.
Ironclad device security and credential hygiene are critical.
No role is immuneāvigilance starts at the top.
The crypto world doesnāt just need decentralizationāit needs defense.
#CoinDCXHack #CyberSecurity #LazarusGroup #CryptoHeist
šØ Indiaās Top Crypto Exchange HACKED for $44.2M!
šļø Date: July 19, 2025
šø Loss: $44.2 million drained from CoinDCX's operational wallet
š„ User funds? Safe ā Only internal liquidity funds affected
š Key Details:
ā Hack went unreported for 17 hours until revealed by ZachXBT
ā CEO Sumit Gupta confirmed backend access was likely exposed
ā #LazarusGroup (North Korea) suspected
ā Hackers did a 1 USDT dry run on July 16, funded via Tornado Cash, then bridged assets from Solana to Ethereum
ā ļø Backlash:
ā Community criticized CoinDCXās slow response
ā Firm is now working with cybersecurity experts to trace funds & close loopholes
#CoinDCX #Crypto Hack #IndiaCrypto #LazarusGroup #Solana #Ethereum #BlockchainSecurity #ZachXBT #CryptoScamSurge
šļø Date: July 19, 2025
šø Loss: $44.2 million drained from CoinDCX's operational wallet
š„ User funds? Safe ā Only internal liquidity funds affected
š Key Details:
ā Hack went unreported for 17 hours until revealed by ZachXBT
ā CEO Sumit Gupta confirmed backend access was likely exposed
ā #LazarusGroup (North Korea) suspected
ā Hackers did a 1 USDT dry run on July 16, funded via Tornado Cash, then bridged assets from Solana to Ethereum
ā ļø Backlash:
ā Community criticized CoinDCXās slow response
ā Firm is now working with cybersecurity experts to trace funds & close loopholes
#CoinDCX #Crypto Hack #IndiaCrypto #LazarusGroup #Solana #Ethereum #BlockchainSecurity #ZachXBT #CryptoScamSurge
šØ Indiaās Top Crypto Exchange HACKED for $44.2M! Hereās What Happened:
On July 19, 2025, CoinDCX ā Indiaās largest crypto platform ā was breached, with hackers stealing $44.2 million from an operational wallet in just minutes. Thankfully, user funds were untouched.
Shockingly, CoinDCX stayed silent for 17 hours until blockchain investigator ZachXBT exposed the incident. CEO Sumit Gupta later admitted one of their internal liquidity accounts was compromised but assured users their assets remained safe.
Investigators have linked the breach to North Koreaās #LazarusGroup . A 1 USDT ātestā transaction on July 16 hinted at the hack, followed by the funding of the hackerās wallet with 1 ETH from Tornado Cash. The stolen assets were partially bridged from Solana to Ethereum.
While the exact exploit method is unclear, experts suspect leaked credentials allowed backend access. The delayed disclosure sparked backlash from the crypto community demanding more transparency.
CoinDCX is now working with cybersecurity firms to trace the funds, seal security gaps, and uncover the full attack vector.
#India #CoinDCX #CryptoScamSurge #CoinDCX
On July 19, 2025, CoinDCX ā Indiaās largest crypto platform ā was breached, with hackers stealing $44.2 million from an operational wallet in just minutes. Thankfully, user funds were untouched.
Shockingly, CoinDCX stayed silent for 17 hours until blockchain investigator ZachXBT exposed the incident. CEO Sumit Gupta later admitted one of their internal liquidity accounts was compromised but assured users their assets remained safe.
Investigators have linked the breach to North Koreaās #LazarusGroup . A 1 USDT ātestā transaction on July 16 hinted at the hack, followed by the funding of the hackerās wallet with 1 ETH from Tornado Cash. The stolen assets were partially bridged from Solana to Ethereum.
While the exact exploit method is unclear, experts suspect leaked credentials allowed backend access. The delayed disclosure sparked backlash from the crypto community demanding more transparency.
CoinDCX is now working with cybersecurity firms to trace the funds, seal security gaps, and uncover the full attack vector.
#India #CoinDCX #CryptoScamSurge #CoinDCX
šØ Indiaās Largest Crypto Exchange HACKED for $44.2 Million! Hereās What Happened š
On July 19, 2025, Indiaās biggest crypto exchange, CoinDCX, suffered a massive security breach that led to the theft of $44.2 million from one of its operational wallets.
š According to reports, the attackers gained access to an internal liquidity account and drained it within minutes ā but customer funds remained safe. Surprisingly, CoinDCX did not disclose the hack for almost 17 hours, until well-known blockchain investigator ZachXBT publicly revealed the breach.
CEO Sumit Gupta later confirmed that an internal operational account had been compromised, but reassured the public that user assets were never at risk.
šµļø The attack has been linked to North Koreaās infamous Lazarus Group, known for targeting crypto platforms worldwide. Investigators discovered that the hackers performed a ādry runā with a 1 USDT test transaction on July 16 ā three days before the main heist.
They funded their wallet with 1 $ETH
via Tornado Cash, then bridged part of the stolen funds from $SOL
Solana to Ethereum to cover their tracks.
ā ļø Although the exact method is still unclear, cybersecurity experts suspect that exposed credentials or leaked backend access might have enabled the attackers to infiltrate CoinDCXās systems.
The delayed disclosure drew heavy criticism from the crypto community, with many demanding more transparency from major exchanges handling millions in assets.
CoinDCX has since teamed up with cybersecurity specialists to trace the stolen funds, strengthen their systems, and prevent future attacks.
Stay safe and always DYOR. šµļøāāļøš
#India #CoinDCX #CryptoNews #CryptoHack #LazarusGroup #Blockchain #CryptoSecurity
š According to reports, the attackers gained access to an internal liquidity account and drained it within minutes ā but customer funds remained safe. Surprisingly, CoinDCX did not disclose the hack for almost 17 hours, until well-known blockchain investigator ZachXBT publicly revealed the breach.
CEO Sumit Gupta later confirmed that an internal operational account had been compromised, but reassured the public that user assets were never at risk.
šµļø The attack has been linked to North Koreaās infamous Lazarus Group, known for targeting crypto platforms worldwide. Investigators discovered that the hackers performed a ādry runā with a 1 USDT test transaction on July 16 ā three days before the main heist.
They funded their wallet with 1 $ETH
via Tornado Cash, then bridged part of the stolen funds from $SOL
Solana to Ethereum to cover their tracks.
ā ļø Although the exact method is still unclear, cybersecurity experts suspect that exposed credentials or leaked backend access might have enabled the attackers to infiltrate CoinDCXās systems.
The delayed disclosure drew heavy criticism from the crypto community, with many demanding more transparency from major exchanges handling millions in assets.
CoinDCX has since teamed up with cybersecurity specialists to trace the stolen funds, strengthen their systems, and prevent future attacks.
Stay safe and always DYOR. šµļøāāļøš
#India #CoinDCX #CryptoNews #CryptoHack #LazarusGroup #Blockchain #CryptoSecurity
š„Ā Indian's Crypto Exchange HACKED for $44,200,000! Here's how:
On July 19, 2025, India's largest crypto exchange, CoinDCX, was hacked for $44.2 million. The attackers gained access to an operational wallet and drained it within minutes, but all customer funds were kept safe. The hack was not reported by CoinDCX until nearly 17 hours later when blockchain sleuth ZachXBT alerted the public. CoinDCX CEO Sumit Gupta confirmed that one of their internal operational accounts used for liquidity had been compromised, but he assured the public that customer assets were safe.
The attack has been linked to the #LazarusGroup of North Korea. The hackers conducted a "dry run" with a 1-USDT test transaction on July 16, 2025, before the main attack. They funded their address with one ether from Tornado Cash and later used it to bridge a portion of the stolen funds from Solana to Ethereum. The exact method of the attack is not known, but some security experts believe it was due to exposed credentials granting backend access.
The slow reporting of the hack by CoinDCX drew criticism from the crypto community, who expected more transparency from the exchange. The company has since partnered with cybersecurity experts to investigate the breach, trace the stolen funds, and patch any vulnerabilities. #India #CoinDCX #CryptoScamSurge #CoinDCX
On July 19, 2025, India's largest crypto exchange, CoinDCX, was hacked for $44.2 million. The attackers gained access to an operational wallet and drained it within minutes, but all customer funds were kept safe. The hack was not reported by CoinDCX until nearly 17 hours later when blockchain sleuth ZachXBT alerted the public. CoinDCX CEO Sumit Gupta confirmed that one of their internal operational accounts used for liquidity had been compromised, but he assured the public that customer assets were safe.
The attack has been linked to the #LazarusGroup of North Korea. The hackers conducted a "dry run" with a 1-USDT test transaction on July 16, 2025, before the main attack. They funded their address with one ether from Tornado Cash and later used it to bridge a portion of the stolen funds from Solana to Ethereum. The exact method of the attack is not known, but some security experts believe it was due to exposed credentials granting backend access.
The slow reporting of the hack by CoinDCX drew criticism from the crypto community, who expected more transparency from the exchange. The company has since partnered with cybersecurity experts to investigate the breach, trace the stolen funds, and patch any vulnerabilities. #India #CoinDCX #CryptoScamSurge #CoinDCX
Indiaās Biggest Crypto Exchange Hacked for $44.2 Million!
On July 19, 2025, CoinDCX ā Indiaās top crypto exchange ā was hacked, losing $44.2 million from one of its internal wallets. Thankfully, all customer funds are safe.
The breach wasnāt made public until 17 hours later, when blockchain investigator ZachXBT exposed it. CEO Sumit Gupta confirmed the hack and said only an internal account used for liquidity was affected.
š Who did it?
The attack is linked to North Koreaās Lazarus Group. They tested the system with a $1 USDT transfer days earlier, then used Tornado Cash and bridged funds from Solana to Ethereum.
Experts think the hackers used leaked backend login credentials.
ā° Community backlash
Many criticized CoinDCX for not reporting the hack quickly. The exchange is now working with security firms to trace the stolen funds and fix any security holes.
#CoinDCX #CryptoHack #India #LazarusGroup #USDT
$ETH
$SOL
The breach wasnāt made public until 17 hours later, when blockchain investigator ZachXBT exposed it. CEO Sumit Gupta confirmed the hack and said only an internal account used for liquidity was affected.
š Who did it?
The attack is linked to North Koreaās Lazarus Group. They tested the system with a $1 USDT transfer days earlier, then used Tornado Cash and bridged funds from Solana to Ethereum.
Experts think the hackers used leaked backend login credentials.
ā° Community backlash
Many criticized CoinDCX for not reporting the hack quickly. The exchange is now working with security firms to trace the stolen funds and fix any security holes.
#CoinDCX #CryptoHack #India #LazarusGroup #USDT
$ETH
$SOL
š„ Bybit Bought 266,694 ETH Worth $746M Since Hack!!!
Bybit has scooped up a staggering 266,694 ETH, worth about $746 million, following the recent hack. There's almost $700M more to go, but we have to say - RESPECT to ByBit for keeping the situation stable, taking full accountability and making these big money moves to keep their user base safe and positive.
THAT'S how it should always be.... aside from the actual hack and losing money. #ByBit #Ethereum #ETH #LazarusGroup #NorthKorea
Bybit has scooped up a staggering 266,694 ETH, worth about $746 million, following the recent hack. There's almost $700M more to go, but we have to say - RESPECT to ByBit for keeping the situation stable, taking full accountability and making these big money moves to keep their user base safe and positive.
THAT'S how it should always be.... aside from the actual hack and losing money. #ByBit #Ethereum #ETH #LazarusGroup #NorthKorea
Bybit Hit by $1.5 Billion Hack: What It Means for the Crypto World.
In what is being called the biggest digital heist in history," cryptocurrency exchange Bybit has suffered a massive $1.5 billion hack. The attacker targeted an Ethereum $ETH wallet, transferring the funds to an unknown address. #Bybit the second-largest crypto exchange by trading volume, has appealed to the "brightest minds in cybersecurity and crypto analytics" to help recover the stolen funds, offering a 10% reward (up to $140 million) for successful recovery.
Key Details of the Hack:
- Targeted Asset: Ethereum (ETH), the second-largest cryptocurrency by market cap.
- Method: The hacker exploited security controls during a routine transfer of Ethereum from an offline "cold wallet" to a "warm wallet" used for daily operations.
- Impact: Bybit has assured users that their funds are safe and that the exchange remains solvent, with $20 billion in customer assets to cover losses. CEO Ben Zhou confirmed that all affected users will be refunded, even if the stolen funds are not recovered.
- Market Reaction: Ethereumās price dropped by 4% after the news but has since nearly recovered to pre-hack levels.
Implications for the Crypto Industry:
1. Trust and Confidence: This hack is a major setback for the crypto industry, which has been working to rebuild trust after previous breaches and collapses. While Bybitās quick response and commitment to refunds are positive, the incident highlights the vulnerabilities of even the largest exchanges.
2. Regulatory Pressure: The hack could lead to stricter regulations for crypto exchanges worldwide. Governments and regulators may push for more robust security standards, especially in the U.S., where former President #DonaldTrump has promised to make the country the "crypto capital of the planet."
3. Market Volatility: Large-scale hacks often trigger panic selling and increased withdrawal requests. Bybit reported over 350,000 withdrawal requests following the breach, which could strain the exchangeās liquidity and processing capabilities.
4. Cybersecurity Arms Race: The attack underscores the need for stronger security measures in the crypto space. Bybit has pledged to "fundamentally transform" its security infrastructure, setting a new standard for other exchanges to follow.
5. Geopolitical Concerns: Some reports suggest that North Korean state-backed hackers, such as the #LazarusGroup may be behind the attack. This group has been linked to previous high-profile crypto heists, including the $615 million Ronin Network hack in 2022. If confirmed, this could escalate geopolitical tensions and lead to increased international efforts to combat crypto-related cybercrime.
Bybitās Response:
Bybit has taken several steps to address the situation:
- User Reassurance: The exchange has emphasized its financial stability and commitment to refunding affected users.
- Collaboration with Experts: Bybit is seeking help from top cybersecurity and crypto analytics professionals to trace and recover the stolen funds.
- Security Overhaul: The company has pledged to revamp its security infrastructure to prevent future breaches.
Key Takeaways for the Crypto Community:
- Stay Vigilant: Users should remain cautious and consider diversifying their holdings across multiple wallets and exchanges.
- Advocate for Stronger Security: This incident highlights the importance of robust security measures, such as multi-signature wallets and advanced encryption.
- Monitor Regulatory Developments: The hack could accelerate regulatory efforts, potentially impacting how exchanges operate globally.
#CryptoHack #Ethereum #Cybersecurity #CryptoNewss ews #Blockchain #CryptoRegulation #DigitalAssets #CryptoCommunity #Binance #Liquidity #CryptoSecurity #DeFi #CryptoRecovery #NorthKoreaHackers
Conclusion:
The Bybit hack is a stark reminder of the risks in the crypto industry. While the exchangeās swift response and commitment to user protection are commendable, the incident underscores the urgent need for enhanced security measures and regulatory oversight. As the crypto world continues to evolve, collaboration between exchanges, cybersecurity experts, and regulators will be crucial to safeguarding the future of digital assets.
Stay informed, stay secure, and letās work together to build a safer crypto ecosystem.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any financial decisions.
Key Details of the Hack:
- Targeted Asset: Ethereum (ETH), the second-largest cryptocurrency by market cap.
- Method: The hacker exploited security controls during a routine transfer of Ethereum from an offline "cold wallet" to a "warm wallet" used for daily operations.
- Impact: Bybit has assured users that their funds are safe and that the exchange remains solvent, with $20 billion in customer assets to cover losses. CEO Ben Zhou confirmed that all affected users will be refunded, even if the stolen funds are not recovered.
- Market Reaction: Ethereumās price dropped by 4% after the news but has since nearly recovered to pre-hack levels.
Implications for the Crypto Industry:
1. Trust and Confidence: This hack is a major setback for the crypto industry, which has been working to rebuild trust after previous breaches and collapses. While Bybitās quick response and commitment to refunds are positive, the incident highlights the vulnerabilities of even the largest exchanges.
2. Regulatory Pressure: The hack could lead to stricter regulations for crypto exchanges worldwide. Governments and regulators may push for more robust security standards, especially in the U.S., where former President #DonaldTrump has promised to make the country the "crypto capital of the planet."
3. Market Volatility: Large-scale hacks often trigger panic selling and increased withdrawal requests. Bybit reported over 350,000 withdrawal requests following the breach, which could strain the exchangeās liquidity and processing capabilities.
4. Cybersecurity Arms Race: The attack underscores the need for stronger security measures in the crypto space. Bybit has pledged to "fundamentally transform" its security infrastructure, setting a new standard for other exchanges to follow.
5. Geopolitical Concerns: Some reports suggest that North Korean state-backed hackers, such as the #LazarusGroup may be behind the attack. This group has been linked to previous high-profile crypto heists, including the $615 million Ronin Network hack in 2022. If confirmed, this could escalate geopolitical tensions and lead to increased international efforts to combat crypto-related cybercrime.
Bybitās Response:
Bybit has taken several steps to address the situation:
- User Reassurance: The exchange has emphasized its financial stability and commitment to refunding affected users.
- Collaboration with Experts: Bybit is seeking help from top cybersecurity and crypto analytics professionals to trace and recover the stolen funds.
- Security Overhaul: The company has pledged to revamp its security infrastructure to prevent future breaches.
Key Takeaways for the Crypto Community:
- Stay Vigilant: Users should remain cautious and consider diversifying their holdings across multiple wallets and exchanges.
- Advocate for Stronger Security: This incident highlights the importance of robust security measures, such as multi-signature wallets and advanced encryption.
- Monitor Regulatory Developments: The hack could accelerate regulatory efforts, potentially impacting how exchanges operate globally.
#CryptoHack #Ethereum #Cybersecurity #CryptoNewss ews #Blockchain #CryptoRegulation #DigitalAssets #CryptoCommunity #Binance #Liquidity #CryptoSecurity #DeFi #CryptoRecovery #NorthKoreaHackers
Conclusion:
The Bybit hack is a stark reminder of the risks in the crypto industry. While the exchangeās swift response and commitment to user protection are commendable, the incident underscores the urgent need for enhanced security measures and regulatory oversight. As the crypto world continues to evolve, collaboration between exchanges, cybersecurity experts, and regulators will be crucial to safeguarding the future of digital assets.
Stay informed, stay secure, and letās work together to build a safer crypto ecosystem.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any financial decisions.
North Korea is behind the Bybit HACK
šHack A group of DPRK #hackers #LazarusGroup hacked a cold wallet on the exchange for 400k $ETH ($1.5 billion dollars)
Now they have more ether than Vitaliy Buterin, the creator of the token himself
šThe channels are already screaming that North Korea has announced a strategic reserve of etherš
#BybitHack #BybitWalletHack
Now they have more ether than Vitaliy Buterin, the creator of the token himself
šThe channels are already screaming that North Korea has announced a strategic reserve of etherš
#BybitHack #BybitWalletHack
šØ $1.5 BILLION BYBIT HACKāFBI CONFIRMS NORTH KOREAāS INVOLVEMENT! š»š
The biggest crypto heist in history just took a shocking turnāThe FBI has officially linked the Bybit $1.5 billion hack to the infamous Lazarus Group, a North Korean state-backed cybercrime syndicate! š±š°
š Timeline of the Attack:
š February 2025 ā Bybit detects suspicious activity in its system and reports a massive security breach. šØš»
š February 29, 2025 ā The FBI officially confirms that the Lazarus Group is behind the attack. šµļøāāļøš°šµ
š March 1, 2025 ā Bybit announces a $140 MILLION REWARD for information leading to the recovery of the stolen funds. š°š
š March 3, 2025 ā The FBI issues a global alert urging crypto exchanges to block transactions linked to the hack. š§š
š Key Details of the Heist:
š„ AMOUNT STOLEN: 401,000 Ethereum (ETH)āthe largest crypto theft ever recorded! ššø
š„ HACKER TACTICS: The Lazarus Group used advanced malware to access Bybitās cold wallets before laundering funds across multiple blockchains. šš
š„ EXCHANGE RESPONSE: Bybit is working with law enforcement and blockchain analysts to track and recover the stolen assets. š
š¤Æ What Happens Next?
š Will Bybit recover the stolen billions?
š Can exchanges stop Lazarus from laundering the money?
š Will this push governments to tighten crypto security laws?
This is the fight for cryptoās future. Stay vigilant. Stay informed. šš
š¬ What do you think? Should exchanges do more to prevent hacks like this? Drop your thoughts below! ā¬ļøš„
š Verified Sources:
š Business Insider
š Coin Tribune
š The Times
ā ļø Disclaimer: This post is for informational purposes only. Always verify information before making financial decisions.
#BybitHack #CryptoSecurity #LazarusGroup #BlockchainSafety #CryptoNewsšš„
The biggest crypto heist in history just took a shocking turnāThe FBI has officially linked the Bybit $1.5 billion hack to the infamous Lazarus Group, a North Korean state-backed cybercrime syndicate! š±š°
š Timeline of the Attack:
š February 2025 ā Bybit detects suspicious activity in its system and reports a massive security breach. šØš»
š February 29, 2025 ā The FBI officially confirms that the Lazarus Group is behind the attack. šµļøāāļøš°šµ
š March 1, 2025 ā Bybit announces a $140 MILLION REWARD for information leading to the recovery of the stolen funds. š°š
š March 3, 2025 ā The FBI issues a global alert urging crypto exchanges to block transactions linked to the hack. š§š
š Key Details of the Heist:
š„ AMOUNT STOLEN: 401,000 Ethereum (ETH)āthe largest crypto theft ever recorded! ššø
š„ HACKER TACTICS: The Lazarus Group used advanced malware to access Bybitās cold wallets before laundering funds across multiple blockchains. šš
š„ EXCHANGE RESPONSE: Bybit is working with law enforcement and blockchain analysts to track and recover the stolen assets. š
š¤Æ What Happens Next?
š Will Bybit recover the stolen billions?
š Can exchanges stop Lazarus from laundering the money?
š Will this push governments to tighten crypto security laws?
This is the fight for cryptoās future. Stay vigilant. Stay informed. šš
š¬ What do you think? Should exchanges do more to prevent hacks like this? Drop your thoughts below! ā¬ļøš„
š Verified Sources:
š Business Insider
š Coin Tribune
š The Times
ā ļø Disclaimer: This post is for informational purposes only. Always verify information before making financial decisions.
#BybitHack #CryptoSecurity #LazarusGroup #BlockchainSafety #CryptoNewsšš„
šØ BREAKING: North Koreaās infamous Lazarus Group has swapped the stolen $ETH for $BTC following the Bybit hack! š° They now control a massive 13,562 BTCāvalued at ~$1.12B, according to @Arkham. šš„
š» Cybercrime meets cryptoāstay vigilant!
#CryptoNews #Bitcoin #HackerAlert #LazarusGroup #BybitHack š
š» Cybercrime meets cryptoāstay vigilant!
#CryptoNews #Bitcoin #HackerAlert #LazarusGroup #BybitHack š
BYBIT LOSES $5B IN 24H AFTER MASSIVE HACKāBUT HANDLES IT LIKE A PRO! šØš°
Bybit suffered a $1.5B hack, triggering a $5.2B drop in reserves as withdrawals surged. Despite the chaos, CEO Ben Zhou assured users that all transactions were processed within 12 hours. The exchange even secured $172.5M in emergency funds to stabilize operations.
Industry leaders praised Bybitās swift, transparent response, calling it a crisis management āmasterclass.ā The hack was linked to North Koreaās Lazarus Group, making fund recovery difficult.
$ETH
#BybitHack #CryptoSecurity #LazarusGroup #blockchain #CryptoNews
Bybit suffered a $1.5B hack, triggering a $5.2B drop in reserves as withdrawals surged. Despite the chaos, CEO Ben Zhou assured users that all transactions were processed within 12 hours. The exchange even secured $172.5M in emergency funds to stabilize operations.
Industry leaders praised Bybitās swift, transparent response, calling it a crisis management āmasterclass.ā The hack was linked to North Koreaās Lazarus Group, making fund recovery difficult.
$ETH
#BybitHack #CryptoSecurity #LazarusGroup #blockchain #CryptoNews
See original
š°šµ North Korea has entered the top 3 countries in bitcoin reserves!
North Korea has surpassed El Salvador and Bhutan, taking third place in the world for the amount of BTC in state reserves. According to data from Arkham Intelligence, Pyongyang controls 13,580 BTC (~$1.14 billion).
š Key Facts:
šø Leaders: USA (198,109 BTC), United Kingdom (61,245 BTC)
šø North Korea increased its reserves after the Bybit hack and the conversion of stolen ETH to BTC
šø The Lazarus hacking group, linked to North Korea, actively uses cryptocurrency to circumvent sanctions
š Unlike El Salvador, which has officially adopted BTC, Pyongyang uses cryptocurrency to fund government programs.
What do you think about this power dynamic? š
#LazarusGroup #bitcoin $BTC $ETH
North Korea has surpassed El Salvador and Bhutan, taking third place in the world for the amount of BTC in state reserves. According to data from Arkham Intelligence, Pyongyang controls 13,580 BTC (~$1.14 billion).
š Key Facts:
šø Leaders: USA (198,109 BTC), United Kingdom (61,245 BTC)
šø North Korea increased its reserves after the Bybit hack and the conversion of stolen ETH to BTC
šø The Lazarus hacking group, linked to North Korea, actively uses cryptocurrency to circumvent sanctions
š Unlike El Salvador, which has officially adopted BTC, Pyongyang uses cryptocurrency to fund government programs.
What do you think about this power dynamic? š
#LazarusGroup #bitcoin $BTC $ETH
See original
Bybit hacker exposed ā $1.5 billion theft tracked by Lazarus Group
According to Arkham Intelligence, the mastermind behind the $1.5 billion Bybit hack has been identified, and the culprit is none other than the Lazarus Group, a notorious North Korean cybercrime syndicate.
š What we know at the moment:
š¹ Lazarus Group has a history of large-scale cryptocurrency thefts, laundering billions through complex blockchain transactions.
š What we know at the moment:
š¹ Lazarus Group has a history of large-scale cryptocurrency thefts, laundering billions through complex blockchain transactions.
šØšØšØ There was no code exploit, no leaked private keys. Bybitās own multisig signers approved the transactions. They thought they were signing a routine transfer. Instead, they were handing over their entire cold wallet...
But that raises a terrifying question. How did Lazarus know exactly who to target?
A multisig wallet requires multiple signers. If even one refused to sign, the hack would fail. But they all signed.
That means Lazarus didnāt just hack Bybit. They knew who to manipulate. There are only a few ways to get that kind of information.
š© Inside job ā Someone leaked the signer list.
š© Social engineering ā Lazarus studied their emails and behavior.
š© Device compromise ā One or more signers were infected with malware.
This means other exchanges are at risk, too...
Lazarus stole 0.42% of all Ethereum
It means they own more than the Ethereum Foundation, more than Vitalik Buterin and more than Fidelity.
Advice:
Keep your money on multiple wallets, not on exchanges
#BybitSecurityBreach #LazarusGroup
But that raises a terrifying question. How did Lazarus know exactly who to target?
A multisig wallet requires multiple signers. If even one refused to sign, the hack would fail. But they all signed.
That means Lazarus didnāt just hack Bybit. They knew who to manipulate. There are only a few ways to get that kind of information.
š© Inside job ā Someone leaked the signer list.
š© Social engineering ā Lazarus studied their emails and behavior.
š© Device compromise ā One or more signers were infected with malware.
This means other exchanges are at risk, too...
Lazarus stole 0.42% of all Ethereum
It means they own more than the Ethereum Foundation, more than Vitalik Buterin and more than Fidelity.
Advice:
Keep your money on multiple wallets, not on exchanges
#BybitSecurityBreach #LazarusGroup
#BenZhou now live on X
#BybitSecurityBreach
#BybitSecurityBreach
Bybitās $1.5 Billion ETH Hack: Market Impact ššØ
$ETH
A massive $1.5B ETH hack at Bybit has sent shockwaves through the crypto market, raising concerns about centralized exchange security and investor confidence. What happened, and how will this impact the broader crypto ecosystem? Letās break it down. š
š¹ Hack Details:
On February 21, Bybit suffered a breach during an internal transfer between its cold and warm wallets.
401,000 ETH ($1.5B) was stolen, making it one of the largest hacks in crypto history.
The FBI has attributed the attack to North Korean-backed hackers, the Lazarus Group. (Source)
$ETH
š¹ Market Reactions:
Bitcoin dropped below $85K, marking a 23% decline from its January peak of $109,350.
Ethereum saw increased volatility, as traders reacted to security concerns. (Source)
$ETH
š¹ Investor Takeaway:
CEX security is under scrutinyāusers are advised to diversify and use cold storage for long-term holdings.
Market sentiment remains fragile as regulatory discussions around exchange security heat up.
What are your thoughts? Will this push more users toward decentralized exchanges? š¤š¬
#BybitHack #CryptoSecurity #EthereumBreach #LazarusGroup #CryptoNews
$ETH
A massive $1.5B ETH hack at Bybit has sent shockwaves through the crypto market, raising concerns about centralized exchange security and investor confidence. What happened, and how will this impact the broader crypto ecosystem? Letās break it down. š
š¹ Hack Details:
On February 21, Bybit suffered a breach during an internal transfer between its cold and warm wallets.
401,000 ETH ($1.5B) was stolen, making it one of the largest hacks in crypto history.
The FBI has attributed the attack to North Korean-backed hackers, the Lazarus Group. (Source)
$ETH
š¹ Market Reactions:
Bitcoin dropped below $85K, marking a 23% decline from its January peak of $109,350.
Ethereum saw increased volatility, as traders reacted to security concerns. (Source)
$ETH
š¹ Investor Takeaway:
CEX security is under scrutinyāusers are advised to diversify and use cold storage for long-term holdings.
Market sentiment remains fragile as regulatory discussions around exchange security heat up.
What are your thoughts? Will this push more users toward decentralized exchanges? š¤š¬
#BybitHack #CryptoSecurity #EthereumBreach #LazarusGroup #CryptoNews
šš In a weird twist , North Korea has passed El Salvador and Bhutan to become top 3 "governments" holding the most Bitcoin (BTC) in the world, with about 13,000 BTC.
This happened after the Lazarus hacker group, tied to North Korea, stole $1.4 billion (mostly Ethereum, or ETH) from the Bybit exchange and turned it into Bitcoin.
#bitcoin #LazarusGroup
This happened after the Lazarus hacker group, tied to North Korea, stole $1.4 billion (mostly Ethereum, or ETH) from the Bybit exchange and turned it into Bitcoin.
#bitcoin #LazarusGroup
#BybitSecurityBreach JUST IN: North Koreaās Lazarus Group moves stolen Bybit ETH to Chainflip, converting over $1.1M to BTC š°. Chainflip limits frontend but canāt fully block decentralized trades š, as laundering escalates. #CryptoNews #LazarusGroup
šØš„ $1 Billion Bybit Hack SOLVED: North Korea Exposed! š°šµšš°
North Korea ke Lazarus Group ko ek massive $1 billion Bybit hack ka zimmedar paya gaya hai! š± Yeh crypto history ke sabse bade attacks me se ek hai!
šµļøāāļø Investigation Kaise Hui?
š ZachXBT, ek renowned blockchain analyst, ne advanced tracking tools ka use karke yeh sabit kiya:
ā Test transactions jo hack se pehle ki gayi thi.
ā Stolen funds track karne wale wallets identify kiye gaye.
ā Forensic proof aur time-based analysis ne confirm kiya ki Lazarus Group isme involved hai.
š° Reward Mila?
Arkham Intelligence ne ZachXBT ko 47,505 ARKM tokens (approx. $29,550 USD) ka reward diya uski investigation ke liye! šš„
š Is Attack Ka Kya Asar Padega?
š¹ Lazarus Group abhi bhi crypto space ke liye ek badi threat hai!
š¹ Exchanges ko security tighten karni hogi, kyunki yeh trust ko damage karta hai.
š¹ Blockchain forensics aur bhi important ho jayega, aur aur bhi investigators ko rewards mil sakte hain!
š§ Kya Bybit Funds Wapas Laa Payega?
ZachXBT ki report se funds track aur freeze karne ka chance ho sakta hai! šØ Lekin Lazarus Group ka history dekhein toh shayad kuch funds already mixers aur decentralized exchanges ke zariye move ho chuke honge.
š¬ Aapka kya kehna hai? Kya Bybit funds recover kar payega ya nahi? š¤šø
#BybitHack #CryptoSecurity #LazarusGroup #BlockchainForensics šš
North Korea ke Lazarus Group ko ek massive $1 billion Bybit hack ka zimmedar paya gaya hai! š± Yeh crypto history ke sabse bade attacks me se ek hai!
šµļøāāļø Investigation Kaise Hui?
š ZachXBT, ek renowned blockchain analyst, ne advanced tracking tools ka use karke yeh sabit kiya:
ā Test transactions jo hack se pehle ki gayi thi.
ā Stolen funds track karne wale wallets identify kiye gaye.
ā Forensic proof aur time-based analysis ne confirm kiya ki Lazarus Group isme involved hai.
š° Reward Mila?
Arkham Intelligence ne ZachXBT ko 47,505 ARKM tokens (approx. $29,550 USD) ka reward diya uski investigation ke liye! šš„
š Is Attack Ka Kya Asar Padega?
š¹ Lazarus Group abhi bhi crypto space ke liye ek badi threat hai!
š¹ Exchanges ko security tighten karni hogi, kyunki yeh trust ko damage karta hai.
š¹ Blockchain forensics aur bhi important ho jayega, aur aur bhi investigators ko rewards mil sakte hain!
š§ Kya Bybit Funds Wapas Laa Payega?
ZachXBT ki report se funds track aur freeze karne ka chance ho sakta hai! šØ Lekin Lazarus Group ka history dekhein toh shayad kuch funds already mixers aur decentralized exchanges ke zariye move ho chuke honge.
š¬ Aapka kya kehna hai? Kya Bybit funds recover kar payega ya nahi? š¤šø
#BybitHack #CryptoSecurity #LazarusGroup #BlockchainForensics šš
šØ BREAKING: The hacker behind the $1.5B Bybit exploit has been identified!
Arkham Intelligence confirms the notorious Lazarus Group, a North Korean cybercrime syndicate, is responsible.
š¹ Active since 2009
š¹ Linked to major crypto heists
š¹ Launders funds through complex blockchain transactions
Will the stolen $1.5B be recovered, or is it gone forever? š¤ Drop your thoughts! š
#BybitHack #LazarusGroup #CryptoNews #CyberSecurity #Bitcoin
$BTC $ETH $BNB
Arkham Intelligence confirms the notorious Lazarus Group, a North Korean cybercrime syndicate, is responsible.
š¹ Active since 2009
š¹ Linked to major crypto heists
š¹ Launders funds through complex blockchain transactions
Will the stolen $1.5B be recovered, or is it gone forever? š¤ Drop your thoughts! š
#BybitHack #LazarusGroup #CryptoNews #CyberSecurity #Bitcoin
$BTC $ETH $BNB
Login to explore more contents