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#BybitForensic 💥💥 Bybit Hack Attributed to North Korean Lazarus Group 💥💥 🔎🔎 In a significant security breach, Dubai-based cryptocurrency exchange Bybit suffered a theft of approximately $1.5 billion in Ethereum on February 21, 2025. The Federal Bureau of Investigation (FBI) has attributed this heist to North Korea's Lazarus Group, a state-sponsored hacking organization notorious for targeting cryptocurrency platforms. 👇 Details of the Breach The attack exploited a vulnerability within Safe{Wallet}'s infrastructure, a multisignature wallet service utilized by Bybit. Forensic investigations revealed that malicious JavaScript code was injected into Safe{Wallet}'s AWS S3 bucket, compromising the transaction signing process. This manipulation allowed the attackers to gain control over Bybit's Ethereum cold wallet, resulting in the unauthorized transfer of 401,347 Ether to external addresses. 👇👇 Bybit's Response In response to the breach, Bybit's CEO, Ben Zhou, assured users that the exchange remains solvent, with all client assets backed 1:1. The company has engaged blockchain forensic experts to trace the stolen funds and has implemented additional security measures to prevent future incidents. Furthermore, Bybit has launched a recovery bounty program, offering up to 10% of the recovered amount to individuals who assist in retrieving the stolen assets. 👇👇 Industry Implications This incident underscores the persistent security challenges within the cryptocurrency industry, highlighting the need for robust security protocols and continuous monitoring to safeguard digital assets. The scale of this theft, being one of the largest in cryptocurrency history, has prompted discussions about the vulnerabilities associated with third-party wallet services and the importance of comprehensive security audits. 👇👇 🔔 Stay updated! Like, share, and follow for more breaking crypto news. #CryptoHack #CyberSecurity #BlockchainForensics #EthereumTheft

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