In a cybercrime wave that has stunned the global crypto community, North Korea’s infamous Lazarus Group has stolen over $1.3 billion in digital assets. Using advanced hacking techniques, fake job offers, and malware attacks, these state-sponsored hackers targeted major exchanges like Bybit, WazirX, and DMM Bitcoin.
The biggest hit came earlier this year when Bybit lost a staggering $1.5 billion in Ethereum, with investigators linking the breach directly to North Korean operatives. Soon after, India’s WazirX was hit for $235 million, followed by Japan’s DMM Bitcoin, which suffered a $308 million loss.
Experts warn that the stolen crypto is being funneled into North Korea’s weapons programs, raising serious global security concerns. Meanwhile, the attacks have exposed major vulnerabilities in even the biggest exchanges’ security systems.
With cyber threats on the rise, the crypto world faces a harsh new reality: even the most cutting-edge technology is not safe from determined hackers backed by rogue nations.
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#CryptoHeist #LazarusGroup #CryptoSecurity #BlockchainThreats #CyberCrime
