**š Today's Crypto World & Investment Tips š”**
The crypto market continues to show a mix of innovation and volatility. With Bitcoin stabilizing above key support levels and altcoins like Ethereum and Solana seeing renewed development activity, it's clear that crypto is maturing ā but it's still not for the faint of heart. Institutional interest is growing, but so are regulatory pressures around the globe.
**Top Tips for Investing in Crypto:**
1. **Do Your Own Research (DYOR):** Never invest based on hype. Understand the project, team, use case, and roadmap. 2. **Diversify:** Donāt put all your capital into one coin. Spread across major coins, stablecoins, and promising projects. 3. **Use Cold Storage:** For long-term holds, use a hardware wallet to avoid hacks and exchange risks. 4. **Set Realistic Goals:** Crypto can spike fast, but greed is dangerous. Have clear entry and exit strategies. 5. **Stay Updated:** Follow credible sources for news ā things change rapidly in this space.
Crypto is here to stay, but smart investing is more important than ever. Stay sharp, stay secure, and donāt$ETH invest more than you can afford to lose. š
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#itsStillEarly , one of the best-performing meme coins, is making a bullish comeback. The coin has surged to the key psychological level of $$ 0.40 amid a broader market rally. With Bitcoin eyeing a rebound from the $$ 94.000 mark this week, Dogecoin is poised for further gains. As the underlying dynamics shift amid broader market volatility, investors have begun to ask, āWill Dogecoin reach $$ 1?ā $BTC $SOL
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The hacker who stole $1.5 billion from Bybit has been found.
This hacker has an impressive track record: Before Bybit, how much did North Korean hackers Lazarus Group steal? 1. Sony Pictures Attack (2014) The Lazarus Group attacked Sony Pictures, leaking a large amount of sensitive data. Loss amount: total in the hundreds of millions. 2. Attack on the Central Bank of Bangladesh (2016) The Lazarus Group launched an attack through the SWIFT banking payment system, infiltrating the central bank of Bangladesh's systems. Amount stolen: approximately $81 million (some funds were recovered). 3. WannaCry Ransomware (2017) The Lazarus Group is believed to be the mastermind behind the WannaCry ransomware, which affected tens of thousands of computers worldwide. Loss amount: estimated losses exceed $4 billion, involving multiple industries and institutions. 4. Parity Wallet Vulnerability (2017) The Lazarus Group stole a large amount of Ethereum assets by exploiting the vulnerability in the Ethereum Parity wallet. Amount stolen: approximately $150 million. 5. South Korean Cryptocurrency Exchange Attack (2018) The Lazarus Group attacked multiple South Korean cryptocurrency exchanges, stealing a large amount of cryptocurrency assets. Amount stolen: over $200 million. 6. Coincheck Attack (2018) The Lazarus Group is believed to be involved in the attack on Japan's Coincheck exchange. Amount stolen: approximately $530 million. 7. KuCoin Attack (2020) The Lazarus Group is believed to have attacked the KuCoin exchange, stealing a large amount of cryptocurrency. Amount stolen: approximately $280 million. 8. Ronin Network Attack (2022) The Lazarus Group is suspected of being the mastermind behind the attack on the Ronin Network (related to the Axie Infinity project). Amount stolen: approximately $620 million 9. Harmony Incident (2022) The Lazarus Group is suspected of attacking Harmony's Horizon Bridge, stealing a large amount of cryptocurrency. Amount stolen: approximately $100 million 10. Atomic Wallet Attack (2023) The Lazarus Group may be related to the attack on Atomic Wallet, involving the theft of cryptocurrency wallets. Amount stolen: approximately $50 million. 11. Radiant Capital Attack (2024) The Lazarus Group is accused of using disguised PDFs to poison and deceive the Radiant Capital team into multi-signature theft of large amounts of cryptocurrency. Amount stolen: approximately $50 million #BybitSecurityBreach #TradeFiRevolution #bybithacket $BNB $SOL $ETH
How the Bybit Hack Happened Step 1: The Hacker Set a Trap in Advance On February 19, 2025, the hacker created a fake security system (a malicious contract) at address 0xbDd077f651EBe7f7b3cE16fe5F2b025BE2969516. This contract was not used immediately, but it was a setup for the real attack. Step 2: Tricking the Multi-Signature Approval Bybit's wallet uses a multi-signature system, meaning multiple high-level approvals are needed for any major change. However, on February 21, the hacker somehow got three key signatures (either stolen or forged). With these, they replaced the original security contract with their malicious one. This change is recorded in the transaction hash: 0x46deef0f52e3a983b67abf4714448a41dd7ffd6d32d32da69d62081c68ad7882 Analogy: It's like a thief walking into a bank with a fake key and saying, "I'm the owner, I want to change the locks," and the bank approving it without noticing anything wrong. Step 3: Planting a Hidden Backdoor The hacker used a DELEGATECALL trick, which works like an invisible authorization letter. This allowed them to insert a hidden backdoor deep inside Bybitās wallet system at STORAGE[0x0]. The backdoorās controller address: 0x96221423681A6d52E184D440a8eFCEbB105C7242 It contained two secret functions: sweepETH ā Steals Ethereum sweepERC20 ā Steals tokens Analogy: The hacker built a hidden compartment inside the bank's safe, which only they could access. Step 4: Draining the Funds With the backdoor in place, the hacker activated the hidden functions and emptied the wallet in one click, just like remotely opening a safe and taking everything inside. End result: All the assets in Bybitās hot wallet were drained before anyone noticed.
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