coinpedia faviconcoinpedia
9 months ago

North Korean Lazarus Group Behind $1B Bybit Hack Arkham Intelligence

Blockchain investigator ZachXBT has linked the recent $1 billion hack of crypto exchange Bybit, which has over 60 million users, to the North Korean Lazarus Group. ZachXBT presented evidence including test transactions, wallet links, and transaction timing, which Arkham Intelligence confirmed and shared with Bybit. Bybit has not yet released a statement. The Lazarus Group is known for stealing cryptocurrency and stole over $1.3 billion in 2024, representing 61% of all crypto stolen that year. The group uses various methods like phishing, blockchain attacks, and fake identities. While the bounty offered by Arkham Intelligence was $30,000 worth of ARKM tokens, ZachXBT conducted the investigation independently.

Recent Hot Topics

JPMorgan Launches JPM Coin for Institutional Payments on Coinbase's Base Blockchain

11 articles
🔥🔥🔥
12 Nov 2025

Bitwise Advances Spot Dogecoin ETF Filing, Launch Expected Soon

11 articles
🔥🔥🔥
07 Nov 2025

Bitwise Chainlink ETF Advances Towards Launch Amidst Market Volatility and Regulatory Delays

9 articles
🔥🔥
12 Nov 2025

Kazakhstan to Launch $500 Million to $1 Billion Crypto Reserve Fund by Early 2026

7 articles
🔥🔥
07 Nov 2025

SoFi Launches Crypto Trading, Becoming First U.S. Bank to Offer Integrated Digital Asset Services

6 articles
🔥
11 Nov 2025