#Lazarus Group

Highlights: Bybit’s CEO confirmed that $280M of stolen funds is untraceable due to mixing services. Hackers converted 83% of stolen funds into BTC and spread them across 6,954 wallets. Bybit launched a $140M bounty, paying $2.18M to those helping recover […]

Highlights: Bybit hacker laundered over half of the stolen funds using THORChain’s cross-chain protocol. THORChain’s privacy features face criticism as a key developer resigns. FBI urges the crypto community to block transactions linked to Bybit hackers. Crypto intelligence platform Lookonchain […]

Highlights: Elliptic said hackers of the Bybit exchange may use mixers to launder $1.4B stolen crypto.  Lazarus Group follows a distinct laundering pattern, starting with exchanging stolen tokens for ETH. Elliptic reports Lazarus is now in the “second stage,” layering […]

Highlights: CZ warns of rising crypto hacks, citing Bybit’s $1.4 billion breach. He highlights the importance of pausing withdrawals after the hack. Zhao praised Bybit’s CEO for keeping transparency during the recent crisis. Changpeng Zhao (CZ), co-founder and former CEO […]

Highlights: Bybit offers a $140M bounty for cybersecurity experts assisting in recovering $1.4B in stolen Ethereum. Investigations link the hack to North Korea’s Lazarus Group, with funds already in laundering processes. Some funds have been recovered, with Tether freezing $181,000 […]

Highlights: Bybit experienced a marked surge in withdrawal requests following the $1.5 billion security compromise. The exchange’s co-founder revealed that the trading outlet has completed all withdrawal requests. Zhou assured users of Bybit’s team’s swift responses to address all their […]

Highlights: WazirX has frozen $3 million in USDT from the $230 million hack. The Singapore High Court granted a four-month moratorium to restructure liabilities related to the breach. A recent joint statement attributes the hack to the Lazarus Group, which […]

Highlights: Lazarus Group used a Chrome flaw to steal crypto, showing new levels of hacking expertise. North Korean hackers lured victims with a fake game, exploiting a Chrome zero-day vulnerability. Lazarus Group uses a Chinese trader to launder millions in […]

Highlights: The U.S. Justice Department filed legal complaints to seize $2.7 million from Lazarus Group hacks. This amount includes Tether stablecoins and Avalanche-bridged Bitcoin, which were frozen during North Korean hackers’ attempts to launder the funds. The group is linked […]

Highlights: Using substantial transaction evidence, Alex Lab links a $4 million exploit to North Korea’s Lazarus Group. The May exploit involved siphoning $4.3 million and $13.7 million of Stacks (STX) tokens. Despite offering a 10% bounty, the attackers did not […]