News with the tag "Crypto hack"

In a fascinating turn of events in the crypto world, leading crypto exchange Bybit has officially requested DeFi protocol Paraswap to return fees amounting to 44.67 wETH. This sum, valued at approximately $100,000, was earned by Paraswap from swaps that are allegedly linked to the infamous Lazarus G...

About 77% of the $1.4 billion stolen crypto from Bybit is still traceable. Hackers funneled $900 million through ThorChain, while $172 million remains untraceable. Bybit and its partners have paid out $2.18 million in USDT as bounties to those who have helped in the investigation Bybit CEO Ben Zhou ...

Over 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday. “This and the coming week is critical for fund freezing as the funds will start to clear at exchanges, otc and p...

Bybit CEO Ben Zhou has provided an update on the movement of hacked crypto funds, revealing that of the $1.4 billion stolen, 77% remains traceable, while 20% has gone dark, and 3% has been frozen. In a detailed breakdown posted on X , Zhou stated that 83% of the stolen funds (417,348 ETH, worth arou...

The FBI is now involved in the manhunt for North Korea’s Lazarus Group, responsible for the $1.5 billion Bybit hack. Hackers exploited a Safe wallet vulnerability and manipulated transactions to steal ETH. Over 100 Ethereum addresses linked to the group are being monitored, with Bybit freezing $40 m...

Bybit hacker has begun laundering 54% of the total stolen funds via THORChain, data from Lookonchain revealed. The hacker laundered 270,000 ETH, equivalent to approximately $605 million. This represents over half of approximately 400,000 ETH stolen from the exchange. Bybit hacker still holds 229,395...

The cryptocurrency world, often lauded for its decentralization and security, has once again been shaken by a high-profile security incident. This time, the victim is none other than Suji Yan, the CEO of Mask Network. In a startling revelation on X (formerly Twitter), Yan confirmed that his public w...

As the cryptoverse begins to pick itself up from jarring breaches, Mask founder Suji Yan is the latest victim of a calculated attack. Yan confirmed the loss of $4 million worth of assets with the stolen asset swapped to Ethereum (ETH) and moved to multiple addresses. Mask Founder Loses $4 Million In...

FBI has indicted North Korea as being behind the recent Bybit crypto exchange hack. The agency referred to the malicious attack as “TraderTraitor.” Bitcoin struggles to recover after last weekend’s post-hack crypto market crash. The Federal Bureau of Investigation (FBI) has indicted North Korea as c...

The Solana-based memecoin Launchpad Pump.fun’s X account has been hacked and used to promote fake cryptocurrencies, including an “official” PUMP governance token. On-chain investigators suspect the hack is linked to other X account compromises. Related Reading: Red Monday, Green Week? Bitcoin Needs ...