1 month ago
North Korea has become the world's third-largest government holder of Bitcoin, following a massive cryptocurrency heist. Here's the detailed breakdown:
North Korea achieved this position through a massive cryptocurrency theft. On February 21, hackers affiliated with North Korea's Lazarus Group infiltrated Bybit, one of the largest cryptocurrency exchanges, stealing approximately $1.46 billion in Ethereum.
A significant portion of these stolen funds was subsequently converted into Bitcoin, boosting North Korea's total holdings to 13,562 BTC
#bitcoin #cryptocurrency #Heist #northkorea
North Korea achieved this position through a massive cryptocurrency theft. On February 21, hackers affiliated with North Korea's Lazarus Group infiltrated Bybit, one of the largest cryptocurrency exchanges, stealing approximately $1.46 billion in Ethereum.
A significant portion of these stolen funds was subsequently converted into Bitcoin, boosting North Korea's total holdings to 13,562 BTC
#bitcoin #cryptocurrency #Heist #northkorea
2 months ago
How North Korean hackers stole $1.5 billion in crypto
Hackers thought to be working for the North Korean regime have successfully cashed out hundreds of millions of dollars of their record-breaking $1.5 billion crypto heist.
The criminals, known as the Lazarus Group, swiped a huge haul of digital tokens in an audacious and remarkable hack on the crypto exchange ByBit last month.
Since then, they have been in a cat-and-mouse game with the company and legions of crypto fans trying to stop them from turning the coins into usable cash.
The Lazarus Group is accused of a litany of huge hacks, allegedly to make money for the hermit nation’s weapons program.
#Lazarus #Lazarusgroup #HACK #crypto #BYBIT #BybitHack
Hackers thought to be working for the North Korean regime have successfully cashed out hundreds of millions of dollars of their record-breaking $1.5 billion crypto heist.
The criminals, known as the Lazarus Group, swiped a huge haul of digital tokens in an audacious and remarkable hack on the crypto exchange ByBit last month.
Since then, they have been in a cat-and-mouse game with the company and legions of crypto fans trying to stop them from turning the coins into usable cash.
The Lazarus Group is accused of a litany of huge hacks, allegedly to make money for the hermit nation’s weapons program.
#Lazarus #Lazarusgroup #HACK #crypto #BYBIT #BybitHack
2 months ago
Hacker group Lazarus Allegedly Steal $3.1 Million In Fresh Crypto Heist
On February 28, an unidentified victim experienced a cyberattack by the North Korean hacker group Lazarus. The incident took place on the Tron network, leading to a loss of about $3.1 million. The stolen funds were then transferred from Tron to Ethereum, where they were allocated across ten different addresses before being deposited into Tornado Cash.
#Tron #ethereum #Lazarus #hacker #CryptoHeist #Heist
On February 28, an unidentified victim experienced a cyberattack by the North Korean hacker group Lazarus. The incident took place on the Tron network, leading to a loss of about $3.1 million. The stolen funds were then transferred from Tron to Ethereum, where they were allocated across ten different addresses before being deposited into Tornado Cash.
#Tron #ethereum #Lazarus #hacker #CryptoHeist #Heist
2 months ago
Largest crypto heists of all time
Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.
#Blockchain #cryptoheists #cryptocurrency #BybitHack
Blockchain analytics firm Elliptic has flagged 11,084 cryptocurrency wallet addresses suspected of being linked to the Bybit exploit. That list is expected to grow as investigations continue.
#Blockchain #cryptoheists #cryptocurrency #BybitHack
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10 months ago
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