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

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

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

Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain

Over $240M of ETH has been sent through Thorchain by Lazarus-tagged wallets on Arkham.

https://www.theblock.co/po...

https://x.com/arkham/statu...

#BYBIT #hacker #bitcoin #ETH #ThorChain #cryptoscam

🚨 BYBIT $1 BILLION HACK BOUNTY SOLVED BY ZACHXBT

zachxbt submitted definitive proof that this attack on Bybit was performed by the LAZARUS GROUP.

#BYBIT #HACK #ZACHXBT #bounty