Daily Crypto News & Musings

Latest News and Articles about Lazarus Group

Binance Users Fall Victim to Advanced SMS Spoofing Scam Linked to Bybit Exploit

Binance Users Targeted in Sophisticated SMS Spoofing Scam Binance users have become the latest victims of a cunning SMS spoofing scam, where attackers convincingly impersonate the exchange’s official communications to trick users into transferring their funds to fraudulent wallets. This incident follows closely on the heels of a massive exploit on Bybit, attributed to the […]

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Novogratz Opposes Ethereum Hard Fork After $1.5B Bybit Hack, Urges Action Against Lazarus Group

Billionaire Novogratz Rejects Calls For Ethereum Hard Fork After Crypto’s Biggest Hack, Urges Action Against Lazarus Group – Lazarus Group hacks Bybit, stealing $1.5B in ETH – Novogratz opposes Ethereum hard fork proposal – Calls for world leaders to tackle Lazarus Group – Ether’s price drops over 7% post-hack The cryptocurrency world was shaken to […]

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Infini Exploit: $49.5M Heist Exposes DeFi Vulnerabilities

Infini Exploit: A $49.5 Million Heist Shakes DeFi’s Foundations On February 24, 2025, Hong Kong-based stablecoin neobank Infini fell victim to a $49.5 million exploit, exposing critical vulnerabilities in the DeFi sector. The incident, involving the manipulation of retained admin privileges in a smart contract, has raised alarms about security and insider threats, especially following […]

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Safe Wallet Reboots with Enhanced Security After $1.4B Bybit Hack

Safe Wallet to Resume Services with Fortified Security Post Bybit Hack In a bold move against cybercrime, Safe wallet is set to relaunch with fortress-like security features after the shocking $1.4 billion Bybit hack. This incident highlights the ongoing battle for security in the crypto world, prompting a swift and collaborative industry response. Safe wallet […]

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Bybit CEO Confirms Solvency After $1.4B Hack: Largest Crypto Heist Ever

Bybit CEO Affirms Solvency After Record-Breaking $1.4 Billion Hack Bybit, a leading cryptocurrency exchange, faced an unprecedented security breach, resulting in the theft of approximately $1.46 billion in Ethereum (ETH) and staked Ethereum (stETH). Despite this massive heist, Bybit CEO Ben Zhou swiftly reassured users of the exchange’s solvency and its ability to cover the […]

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Pump.fun Blocks Bybit Hacker’s $26M Memecoin Laundering Attempt

Pump.fun Thwarts Bybit Hacker’s $26 Million Money Laundering Scheme with Memecoins Pump.fun, a platform at the forefront of memecoin innovation, recently took bold action to block a hacker linked to the massive Bybit exploit from launching tokens on their platform. This decisive move prevented the laundering of over $26 million in stolen funds through a […]

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Lazarus Group Exploits QinShihuang Meme Coin to Launder $26M from Bybit

Lazarus Group’s QinShihuang Meme Coin: A $26M Laundering Scheme from Bybit Heist North Korea’s Lazarus Group has once again exploited the crypto world, this time using the QinShihuang meme coin to wash away $26 million of the nearly $1.5 billion they stole from Bybit. On-chain investigator ZachXBT’s detailed tracking of transactions across multiple blockchains exposed […]

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Bybit Recovers Nearly 50% of Ether Reserves Post-$1.5B Hack Linked to Lazarus Group

Bybit Bounces Back: Restores Nearly Half of Ether Reserves After $1.5 Billion Hack In a stunning display of resilience, Bybit bounced back from a $1.5 billion hack in just two days, thanks to the crypto community’s solidarity. The exchange has restored nearly half of its Ether (ETH) reserves through OTC purchases and emergency transfers, showcasing […]

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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, […]

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CZ Warns Exchanges After $1.4B Bybit Hack: Pause Withdrawals to Combat Lazarus Group Attacks

27 February 2025 Daily Feed , , ,

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) […]

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North 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 […]

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Bybit 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, […]

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WazirX 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 […]

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U.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. […]

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Groom 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 […]

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US, 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. […]

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Trust 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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