⚡️ LATEST: Dogecoin Foundation establishes "Official Dogecoin Reserve" through its new corporate arm, House of Doge and purchases the first 10 million $DOGE worth $1.8 million.
Canada Retaliates, Puts Tariffs on $107 Billion of US Products Government is also talking about non-tariff actions, PM says Joly says ‘unpredictability and chaos’ coming from Oval Office
کینیڈا جوابی کارروائی کرتا ہے، 107 بلین امریکی مصنوعات پر محصولات لگاتا ہے۔ حکومت بھی نان ٹیرف ایکشن کی بات کر رہی ہے، وزیر اعظم کہتے ہیں۔ جولی کا کہنا ہے کہ اوول آفس سے ’غیر متوقع اور افراتفری‘ آرہی ہے۔ #USTariffs
@Bybit_Official has confirmed a security breach involving one of its ETH cold wallets.
Here’s what happened, Bybit’s response and the possible North Korean hacker connection 👇
➤ What Happened ?
Bybit detected unauthorized activity when its ETH multisig cold wallet executed a transfer to its warm wallet.
🔹 The transaction was manipulated via a sophisticated attack
🔹 The attacker masked the signing interface > displaying the correct address while altering the underlying smart contract logic
🔹 As a result >they gained control of the ETH cold wallet and transferred funds to an unidentified address
Total Amount ~ 1.5 Billion
➤ Bybit’s Response 🔍
Bybit security team > alongside leading blockchain forensic experts is actively investigating
- They are inviting blockchain analytics teams to help trace and recover stolen assets
- All other cold wallets remain secure
- Client funds are 100% safe & all operations continue without disruption
📢 Most importantly :
@Bybit_Official is solvent and has confirmed that even if this loss is not recovered > all client assets remain 1:1 backed, and the exchange can fully cover the loss.
➤ North Korean 🇰🇵 Link in the Bybit Hack ?
DeFiLlama founder @0xngmi pointed out that the attack on Bybit closely resembles the WazirX hack.
- 🔍 That incident was linked to North Korean hackers, raising concerns that the same group may be behind both attacks.
- North Korean-linked hackers have previously targeted major crypto platforms, including:
- Ronin Network (Axie Infinity) - $625M stolen
- Horizon Bridge (Harmony) - $100M stolen
- Atomic Wallet - $100M stolen
Bybit has not officially confirmed this link but is actively working with forensic teams to investigate.
➤ Market Reaction
-After the announcement > minor withdrawals occurred as users reacted to the news
$SUI following yesterday’s analysis it reveals how important it is to keep the important levels in mind and consider them. Now it worth keeping in mind that most probably we are going to test 3.5 before getting back to the zone. So watch out and keep you risk management on top of your priorities.