North Korean hackers suspected of being behind record US$1.5 billion hack of crypto exchange Bybit
Hackers affiliated with North Korea are believed to have carried out Friday’s (Feb 21) record US$1.5 billion hack of crypto exchange Bybit, according to security researchers. Cryptocurrency exchange Bybit said on Friday an attacker gained control of an ethereum (ETH) wallet and transferred around US$1.
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
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It’s the same type of attack that was used in the Radiant Capital breach and the WazirX incident,” one expert says.
Bybit's reserves still exceed user assets despite a more than $5 billion decrease in total assets following the $1.4 billion ...
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