Crypto and Cybersecurity: The Rising Threats and Why Reliable Wallets Matter
Cybersecurity threats in crypto are rising, from the Bybit hack to fake wallets stealing funds. Learn how to…
Cryptocurrency
North Korean Hackers Steal $1.5B in Cryptocurrency
It looks like a very sophisticated attack against the Dubai-based exchange Bybit:
Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a “Multisig Cold Wallet” when, somehow, it was transferred to one of the exchange’s hot wallets. From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers.
[…]
…a subsequent investigation by Safe found no signs of unauthorized access to its infrastructure, no compromises of other Safe wallets, and no obvious vulnerabilities in the Safe codebase. As investigators continued to dig in, they finally settled on the true cause. Bybit ultimately said that the fraudulent transaction was “manipulated by a sophisticated attack that altered the smart contract logic and masked the signing interface, enabling the attacker to gain control of the ETH Cold Wallet.”…
$1.5B Bybit Hack is Linked to North Korea, FBI Says, in Potentially the Largest Crypto Heist Ever
The FBI referred to the attack as “TraderTraitor,” a malicious campaign linked to North Korean state-sponsored hackers the Lazarus Group.
Hardware Crypto Wallets vs. Mobile vs. Desktop: Which Should You Choose?
Crypto wallets are essential in keeping your cryptocurrency safe. There are different types of wallets available and choosing…
Stablecoin Bank Hit by Cyberattack, Loses $49.5M to Hackers
The cryptocurrency sector faced one of its most significant security breaches this year as stablecoin banking platform @0xinfini fell victim to a sophisticated cyberattack. Hackers drained 49.5 million USD Coin ($USDC) from the platform’s reserves, tri…
$1.5 Billion Bybit Heist Linked to North Korean Hackers
Companies and experts have found evidence linking the $1.5 billion Bybit cryptocurrency heist to North Korean Lazarus hackers.
The post $1.5 Billion Bybit Heist Linked to North Korean Hackers appeared first on SecurityWeek.
Biggest Crypto Hack in History – Hackers Stolen $1.46 Billion Worth Crypto From Bybit
In what has become the largest cryptocurrency theft in history, hackers infiltrated Bybit’s Ethereum cold wallet on February 21, 2025, siphoning approximately 401,346 ETH valued at $1.46 billion. The breach, attributed to North Korea’s Lazarus Group, e…
Cryptocurrency exchange says it was victim of $1.5 billion hack
By Associated Press A major cryptocurrency exchange says it…
Investigators Link $1.4B Bybit Hack to North Korea’s Lazarus Group
Investigators link the $1.4B Bybit hack to North Korea’s Lazarus Group, exposing a major crypto heist tied to state-backed cybercrime and money laundering.
New Zhong Stealer Malware Exploit Zendesk to Attack Fintech and Cryptocurrency
A newly identified malware, dubbed Zhong Stealer, has emerged as a significant threat to the fintech and cryptocurrency sectors. Any.run researchers discovered zhong malware during a phishing campaign between December 20 and 24, 2024, the malware explo…