Latest News and Articles about Lazarus Group
Bybit Hack: $1.4B Stolen, mETH and Tether Freeze Assets, $140M Bounty Offered
mETH Protocol and Tether Lead Campaign to Freeze Bybit Hackers’ Bounty Bybit, a major cryptocurrency exchange, was hit with a massive $1.4 billion hack involving Ethereum (ETH) and staked Ethereum (stETH). The crypto community, led by mETH Protocol and Tether, has swiftly mobilized to freeze the stolen assets and support recovery efforts. Bybit, showing resilience, […]
Read MoreCZ Warns Exchanges After $1.4B Bybit Hack: Pause Withdrawals to Combat Lazarus Group Attacks
CZ Warns Crypto Exchanges of Hack Targeting Multi-Sig Cold Storage After Bybit Hack In a significant security breach, Bybit suffered a hack resulting in the theft of over $1.4 billion in cryptocurrency, prompting a stern warning from Changpeng Zhao (CZ), the former CEO of Binance. CZ has highlighted a new hacking pattern targeting multi-signature (multi-sig) […]
Read MoreNorth Korea’s Lazarus Group Orchestrates Record $1.5B Bybit Hack
North Korea’s Lazarus Group Exposed as the Mastermind Behind Bybit’s $1.5 Billion Hack The cryptocurrency world was rocked by a staggering revelation: the notorious Lazarus Group, backed by North Korea, orchestrated the largest crypto theft in history. This $1.5 billion heist on Bybit not only eclipses all previous exploits but also casts a glaring light […]
Read MoreBybit Suffers $1.5B Ethereum Hack: Crypto Security Under Scrutiny
Bybit Hit by Massive $1.5 Billion Ethereum Hack: A Wake-Up Call for Crypto Security Bybit, a leading cryptocurrency exchange, has suffered a massive security breach, with nearly $1.5 billion in Ethereum stolen from one of its cold wallets—a secure, offline storage method for digital assets. The incident, one of the largest digital heists in history, […]
Read MoreWazirX Aims to Repay 80% of $234M Hack, Faces Community Doubt
WazirX’s Plan to Repay 80% of Stolen Funds Faces Community Skepticism The Singapore High Court has approved WazirX’s plan to repay 75% to 80% of the funds lost in a $234 million hack, but the crypto community remains skeptical of the lengthy three-month voting process. Singapore High Court approves WazirX repayment plan Community skeptical of […]
Read MoreU.S., Japan, South Korea Tackle North Korea’s $659M Crypto Theft; MIND of Pepe Launches
U.S., Japan, and South Korea Unite to Combat North Korea’s Crypto Crimes In a strategic alliance aimed at thwarting North Korea’s cryptocurrency thefts, the United States, Japan, and South Korea have joined forces. These thefts, amounting to $659 million in 2024 alone, are a direct funding source for the DPRK’s weapons programs and cybercrime operations. […]
Read MoreGroom Lake’s CEO on Military-Grade Security: Protecting Web3 from Sophisticated Threats
Groom Lake’s Fernando Reyes Jr. on Why Web3 Needs Military-Grade Security Fernando Reyes Jr., the founder and CEO of Groom Lake, a private military corporation focused on Web3 security, stresses the urgent need for military-grade protections in the cryptocurrency sector. Groom Lake aims to combat sophisticated cyber threats, from solo hackers to state-sponsored entities like […]
Read MoreUS, Japan, South Korea Warn Blockchain Industry: North Korea’s Hackers Stole $650M in 2024
US, Japan, and South Korea Warn Blockchain Industry of North Korea’s Cyber Threats The United States, Japan, and South Korea have issued a stern warning to the blockchain industry about the escalating cyber threats from North Korean hackers, notably the Lazarus Group, who have stolen over $650 million in 2024 to fund their weapons programs. […]
Read MoreTrust Wallet Glitch Sparks Panic: Urgent Call for Crypto Security Amid $2.2B Theft in 2024
Trust Wallet Users Alarmed by Vanishing Balances: Technical Glitch Unnerves Crypto Community Trust Wallet users were thrown into a state of anxiety when their cryptocurrency balances seemed to vanish overnight. Fortunately, the situation was due to a technical glitch rather than a security threat. Yet, this incident has ignited fresh concerns about the security of […]
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