heist
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FBI confirms Lazarus hackers were behind $1.5B Bybit crypto heist
FBI has confirmed that North Korean hackers stole $1.5 billion from cryptocurrency exchange Bybit on Friday in the largest crypto heist recorded until now. The state-sponsored hacking group (tracked as TraderTraitor, Lazarus Group, and APT38) intercepted a scheduled transfer of funds from one of Bybit’s cold wallets into a hot wallet, subsequently redirecting the cryptocurrency to a blockchain address under…
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$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits. Zhou…
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zkLend loses $9.5M in crypto heist, asks hacker to return 90%
Decentralized money lender zkLend suffered a breach where threat actors exploited a smart contract flaw to steal 3,600 Ethereum, worth $9.5 million at the time. zkLend is a decentralized money-market protocol built on Starknet, a Layer 2 scaling solution for Ethereum. It enables users to deposit, borrow, and lend various assets. The attack took place yesterday afternoon, with zkLend warning…
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FBI links North Korean hackers to $308 million crypto heist
The North Korean hacker group ‘TraderTraitor’ stole $308 million worth of cryptocurrency in the attack on the Japanese exchange DMM Bitcoin in May. In a short post, the FBI attributed the attack to the state-affiliated threat actor TraderTraitor, also tracked as Jade Sleet, UNC4899, and Slow Pisces. The crypto heist occurred in May 2024 and forced the platform to restrict account registration, cryptocurrency withdrawals, and trading…
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Bitfinex hacker gets 5 years in prison for 120,000 bitcoin heist
A hacker responsible for stealing 119,754 Bitcoin in a 2016 hack on the Bitfinex cryptocurrency exchange was sentenced to five years in prison by U.S. authorities. The man, Ilya Lichtenstein, was arrested in February 2022 in Manhattan following a lengthy investigation led by the IRS, HSI, and the FBI, which managed to recover roughly 80% of the stolen cryptocurrency (94,000 Bitcoin)/ At…
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Hackers linked to $14M Holograph crypto heist arrested in Italy
Suspected hackers behind the heist of $14,000,000 worth of cryptocurrency from blockchain tech firm Holograph were arrested in Italy after living a lavish lifestyle for weeks in the country. As announced over the weekend by Italy’s national police force (Polizia di Stato), four individuals suspected of cybercrime and money laundering have been living in a luxury villa in Salerno. Holograph…
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