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#PeckShieldAlert
#zachxbt has reported that an unknown address on #Tron appears to have been hacked for ~$3.1M. The stolen funds were bridged to #Ethereum, swapped for 1.44K $ETH, and laundered via #TornadoCash.
The address is connected to the #FantomFoundation hacker who hacked #FantomFoundation in 2023, resulting in a loss of $7M.
$TRX
$S
#zachxbt has reported that an unknown address on #Tron appears to have been hacked for ~$3.1M. The stolen funds were bridged to #Ethereum, swapped for 1.44K $ETH, and laundered via #TornadoCash.
The address is connected to the #FantomFoundation hacker who hacked #FantomFoundation in 2023, resulting in a loss of $7M.
$TRX
$S
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📢Bybit has fully restored its ETH reserves after the largest hack in history!
💰 The crypto market breathed a sigh of relief - after a large-scale hacker incident that resulted in the theft of 401,346 ETH ($1.46 billion), the Bybit exchange successfully restored its reserves.
🔍 How did they do it?
✔️ We bought 266,700 ETH for $742 million through OTC transactions.
✔️ The remainder was raised through strategic partners.
🔍 How did they do it?
✔️ We bought 266,700 ETH for $742 million through OTC transactions.
✔️ The remainder was raised through strategic partners.
ZachXBT Exposes Lazarus Group Behind $1.4B Bybit Hack! 🚨💰
In a shocking revelation, blockchain sleuth ZachXBT has identified North Korea’s Lazarus Group as the mastermind behind the $1.46 billion hack of crypto exchange Bybit—marking one of the largest crypto heists in history.
🔎 Key Details:
✔ Lazarus Group linked to Bybit’s cold wallet breach
✔ $1.46B in stolen assets, including staked ETH and ERC-20 tokens
✔ Arkham Intelligence rewarded ZachXBT with 50,000 ARKM for uncovering the attackers
✔ Bybit remains solvent, assuring users their funds are backed 1:1
📌 Why It Matters:
🔸 North Korea’s Lazarus Group has been responsible for multiple high-profile crypto hacks, including the $600M Ronin Network exploit in 2022.
🔸 Crypto security remains a growing concern as hackers target centralized platforms.
💬 What’s next? Can exchanges stay ahead of these cyber threats? Share your thoughts! #Crypto #Hack #Cybersecurity #Bybit #ZachXBT #VIRTUALWhale #BinanceAirdropAlert #BybitSecurityBreach #SOLPriceWatch $ETH
$SOL
$BNB
In a shocking revelation, blockchain sleuth ZachXBT has identified North Korea’s Lazarus Group as the mastermind behind the $1.46 billion hack of crypto exchange Bybit—marking one of the largest crypto heists in history.
🔎 Key Details:
✔ Lazarus Group linked to Bybit’s cold wallet breach
✔ $1.46B in stolen assets, including staked ETH and ERC-20 tokens
✔ Arkham Intelligence rewarded ZachXBT with 50,000 ARKM for uncovering the attackers
✔ Bybit remains solvent, assuring users their funds are backed 1:1
📌 Why It Matters:
🔸 North Korea’s Lazarus Group has been responsible for multiple high-profile crypto hacks, including the $600M Ronin Network exploit in 2022.
🔸 Crypto security remains a growing concern as hackers target centralized platforms.
💬 What’s next? Can exchanges stay ahead of these cyber threats? Share your thoughts! #Crypto #Hack #Cybersecurity #Bybit #ZachXBT #VIRTUALWhale #BinanceAirdropAlert #BybitSecurityBreach #SOLPriceWatch $ETH
$SOL
$BNB
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🚨Bybit hacker becomes 14th largest ETH holder, surpassing Fidelity and Vitalik’s combined holdings! 🚨
🕒In the past 17 hours, the events are as follows in chronological order:
🔴Suspicious activity: On-chain analyst ZachXBT found abnormal fund outflows of more than $1.46 billion from Bybit.
🎭Phishing attack: Hackers used Trojans and backdoors to exploit Bybit’s multi-signature vulnerability to carry out attacks.
🛑Fake interface scam: Signers were deceived and control was seized by hackers.
💰Theft: 401,000 ETH (about $1.1 billion) was transferred to more than 40 addresses.
⚠️Confirmed to be Lazarus organization: #ZachXBT and Arkham Intelligence linked this incident to the North Korean hacker organization Lazarus Group.
🌀Fund transfer: 514,000 $ETH were transferred to different wallets; Bybit has blacklisted the relevant addresses.
📉Massive withdrawals: #Bybit faced a net outflow of US$7.2 billion, and market panic spread.
😔Total loss: The amount stolen reached US$1.46 billion, and it is uncertain whether it can be recovered.
Bybit official response:
Bybit CEO Ben Zhou said that despite the attack, the platform remains solvent, all customer assets are guaranteed 1:1, and unaffected wallets and
withdrawal functions are operating normally.
Industry impact:
This incident is considered the largest theft in the history of cryptocurrency, surpassing the previous Poly Network and #Binance thefts.
Safety reminder:
This attack once again emphasizes the importance of strengthening security measures on cryptocurrency platforms. Users should be vigilant and adopt security measures such as double verification to ensure the safety of their assets.
Please continue to pay attention to the development of the incident and protect the security of your digital assets.
🕒In the past 17 hours, the events are as follows in chronological order:
🔴Suspicious activity: On-chain analyst ZachXBT found abnormal fund outflows of more than $1.46 billion from Bybit.
🎭Phishing attack: Hackers used Trojans and backdoors to exploit Bybit’s multi-signature vulnerability to carry out attacks.
🛑Fake interface scam: Signers were deceived and control was seized by hackers.
💰Theft: 401,000 ETH (about $1.1 billion) was transferred to more than 40 addresses.
⚠️Confirmed to be Lazarus organization: #ZachXBT and Arkham Intelligence linked this incident to the North Korean hacker organization Lazarus Group.
🌀Fund transfer: 514,000 $ETH were transferred to different wallets; Bybit has blacklisted the relevant addresses.
📉Massive withdrawals: #Bybit faced a net outflow of US$7.2 billion, and market panic spread.
😔Total loss: The amount stolen reached US$1.46 billion, and it is uncertain whether it can be recovered.
Bybit official response:
Bybit CEO Ben Zhou said that despite the attack, the platform remains solvent, all customer assets are guaranteed 1:1, and unaffected wallets and
withdrawal functions are operating normally.
Industry impact:
This incident is considered the largest theft in the history of cryptocurrency, surpassing the previous Poly Network and #Binance thefts.
Safety reminder:
This attack once again emphasizes the importance of strengthening security measures on cryptocurrency platforms. Users should be vigilant and adopt security measures such as double verification to ensure the safety of their assets.
Please continue to pay attention to the development of the incident and protect the security of your digital assets.
🚨 BREAKING NEWS 🚨
🇰🇵 North Korea's Lazarus Group behind Bybit's $1.4 billion hack, #zachxbt reports.
Nothing is clear yet but let's take a broader look at this whole situation. Few weeks ago 🇺🇸 president #DonaldTrump son Erik trump was suggesting everyone to buy $ETH and every influencer was saying that " they know something about $ETH that we don't " and when $ETH started picking up the pace $1.4 biliion hack just swiped the ETHEREUM from Bybit.
I believe that this was the thing they knew and we didn't?
🇰🇵 North Korea's Lazarus Group behind Bybit's $1.4 billion hack, #zachxbt reports.
Nothing is clear yet but let's take a broader look at this whole situation. Few weeks ago 🇺🇸 president #DonaldTrump son Erik trump was suggesting everyone to buy $ETH and every influencer was saying that " they know something about $ETH that we don't " and when $ETH started picking up the pace $1.4 biliion hack just swiped the ETHEREUM from Bybit.
I believe that this was the thing they knew and we didn't?
😱🚨Those who hacked the Bybit exchange were found: They are on the scene again⚠️🎭
The North Korean Lazarus Group was determined to be responsible for the 1.4 billion cryptocurrencies stolen from #bybit . The group was exposed with evidence from anonymous researcher ZachXBT, who participated in 30 thousand different categories of Arkham.
Hackers who hacked the ETH budget of the cryptocurrency exchange Bybit and stole 1.4 billion assets from the exchange were detected. As a result, Arkham emerged with a 30 thousand-working program that the hacker started for.
Anonymous blockchain researcher ZachXBT, who was one of the first to notice suspicious activity on Bybit, participated in the program and presented all the evidence and documents in his possession. Arkham, who examined these, announced that the famous North Korean hacker group Lazarus was involved in the attack. The announcement on the subject was as follows:
“Today at 19:09 (UTC), #zachxbt presented definitive data that this attack on Bybit was carried out by the Lazarus Group.
Shared documents; A comprehensive analysis of pre-attack analysis testing operations and summarized budgets, as well as multiple forensic analysis graphs and timing analysis can be produced.
This information was shared correctly to support the Bybit team’s investigation. They will be kept informed of the progress of this process.”
Lazarus Group has long been known for targeting cryptocurrency exchanges. The group has stolen over $3 billion worth of cryptocurrency in attacks on multiple projects and exchanges. With Bybit, this amount has now exceeded $4 billion. The Bybit incident is the largest attack by Lazarus in terms of the amount stolen. Last month, it was alleged that Lazarus was behind the hack of the Phemex exchange, stealing 85 million cryptocurrencies.
#BybitSecurityBreach #LitecoinETF #SECStaking
The North Korean Lazarus Group was determined to be responsible for the 1.4 billion cryptocurrencies stolen from #bybit . The group was exposed with evidence from anonymous researcher ZachXBT, who participated in 30 thousand different categories of Arkham.
Hackers who hacked the ETH budget of the cryptocurrency exchange Bybit and stole 1.4 billion assets from the exchange were detected. As a result, Arkham emerged with a 30 thousand-working program that the hacker started for.
Anonymous blockchain researcher ZachXBT, who was one of the first to notice suspicious activity on Bybit, participated in the program and presented all the evidence and documents in his possession. Arkham, who examined these, announced that the famous North Korean hacker group Lazarus was involved in the attack. The announcement on the subject was as follows:
“Today at 19:09 (UTC), #zachxbt presented definitive data that this attack on Bybit was carried out by the Lazarus Group.
Shared documents; A comprehensive analysis of pre-attack analysis testing operations and summarized budgets, as well as multiple forensic analysis graphs and timing analysis can be produced.
This information was shared correctly to support the Bybit team’s investigation. They will be kept informed of the progress of this process.”
Lazarus Group has long been known for targeting cryptocurrency exchanges. The group has stolen over $3 billion worth of cryptocurrency in attacks on multiple projects and exchanges. With Bybit, this amount has now exceeded $4 billion. The Bybit incident is the largest attack by Lazarus in terms of the amount stolen. Last month, it was alleged that Lazarus was behind the hack of the Phemex exchange, stealing 85 million cryptocurrencies.
#BybitSecurityBreach #LitecoinETF #SECStaking
JUST IN: 🇰🇵 North Korea's Lazarus Group identified as the culprit behind Bybit's $1.4 billion hack, according to ZachXBT. #Bybit #LazarusGroup #CryptoHack #NorthKorea #ZachXBT
JUST IN: 🇰🇵 North Korea's Lazarus Group behind #bybit ‘s $1.4 billion $ETH hack, #zachxbt reports.
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@WatcherGuru
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The biggest hack yesterday made headlines. $1.46 billion was withdrawn. What else is known about the ByBit hack:
🟢 Crypto detective #ZachXBT , who first reported the hack, linked the attack on Bybit to the North Korean hacker group Lazarus
🟢 The attackers used a “masked transaction” technique that looked like a real one. All signers saw a masked user interface showing the correct address. However, the actual transaction signed by the Bybit team contained malicious code that changed the logic of the exchange’s cold wallet smart contract, where the ETH was stored. As a result, the hacker took control of Bybit's cold wallet with ethers and withdrew the crypto assets located there
🟢Head #Bybit said that only 1 wallet was compromised
🟢Bybit provided a loan from partners to cover the liquidity shortage of #ETH in the amount of 80% of the stolen funds.
🟢 Ben Zhou clarified that anyone wishing to withdraw cryptocurrencies from the exchange can do so. However, due to the accumulation of applications, the process may take longer.
$ETH
🟢 Crypto detective #ZachXBT , who first reported the hack, linked the attack on Bybit to the North Korean hacker group Lazarus
🟢 The attackers used a “masked transaction” technique that looked like a real one. All signers saw a masked user interface showing the correct address. However, the actual transaction signed by the Bybit team contained malicious code that changed the logic of the exchange’s cold wallet smart contract, where the ETH was stored. As a result, the hacker took control of Bybit's cold wallet with ethers and withdrew the crypto assets located there
🟢Head #Bybit said that only 1 wallet was compromised
🟢Bybit provided a loan from partners to cover the liquidity shortage of #ETH in the amount of 80% of the stolen funds.
🟢 Ben Zhou clarified that anyone wishing to withdraw cryptocurrencies from the exchange can do so. However, due to the accumulation of applications, the process may take longer.
$ETH
Was Bybit Exchange Hacked? $1.4 Billion ETH Loss!
Crypto researcher #ZachXBT reported that a large amount of $ETH was transferred from the Bybit exchange to unknown wallets. These sudden and high-value transfers have raised the possibility of a hack and made investors nervous.
The exchange management confirmed that they detected an unauthorized #ETH transfer from cold wallets. However, they stated that customer assets are safe and other wallets were not affected. However, it is still not fully known how this incident occurred
The Bybit team believes the attack may have been done using masked user interface (UI spoofing), a technique used to trick users or systems into performing unauthorized actions.
On the other hand, it is not yet clear to which addresses the funds from the exchange were transferred and who the attackers are. Bybit's security measures and actions to be taken against the incident are being closely monitored.
It seems that this incident will be a major security test for Bybit. If the hack attack is confirmed, this incident could be one of the biggest crypto thefts in history.
Crypto researcher #ZachXBT reported that a large amount of $ETH was transferred from the Bybit exchange to unknown wallets. These sudden and high-value transfers have raised the possibility of a hack and made investors nervous.
The exchange management confirmed that they detected an unauthorized #ETH transfer from cold wallets. However, they stated that customer assets are safe and other wallets were not affected. However, it is still not fully known how this incident occurred
The Bybit team believes the attack may have been done using masked user interface (UI spoofing), a technique used to trick users or systems into performing unauthorized actions.
On the other hand, it is not yet clear to which addresses the funds from the exchange were transferred and who the attackers are. Bybit's security measures and actions to be taken against the incident are being closely monitored.
It seems that this incident will be a major security test for Bybit. If the hack attack is confirmed, this incident could be one of the biggest crypto thefts in history.
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😎 ZachXBT Confirms Lazarus Group Behind Bybit Hack
At 2 hours ago, Arkham announced that on-chain detective ZachXBT had submitted corroborating evidence identifying Lazarus Group as the culprit behind the $1 billion Bybit hack.
ZachXBT's report includes a detailed analysis of test transactions, associated wallets used prior to the attack, along with forensic charts and timeline analysis.
The evidence has been forwarded to the Bybit team to assist in the investigation. ZachXBT expressed hope that Bybit will overcome this incident soon.
#bybit #zachxbt #arkham
At 2 hours ago, Arkham announced that on-chain detective ZachXBT had submitted corroborating evidence identifying Lazarus Group as the culprit behind the $1 billion Bybit hack.
ZachXBT's report includes a detailed analysis of test transactions, associated wallets used prior to the attack, along with forensic charts and timeline analysis.
The evidence has been forwarded to the Bybit team to assist in the investigation. ZachXBT expressed hope that Bybit will overcome this incident soon.
#bybit #zachxbt #arkham
🔥 LATEST:
1 hour ago, Bybit announced that it detected unauthorized activity involving one of its ETH cold wallets.
The incident occurred when a multi-signature cold wallet transferred funds to a warm wallet and was manipulated through a sophisticated attack that obscured the signing interface and altered the smart contract logic. According to Whale Alert, the attacker took control of the cold wallet and transferred 401,346 ETH to an unknown address.
Bybit is working with blockchain forensics experts to investigate the incident and is calling on specialized teams to assist in tracing the stolen assets.
Bybit asserts that other cold wallets are safe, customer funds are not affected, and operations are running normally. Bybit is committed to transparency and will provide updates as soon as possible.
#hack #bybit $ETH
1 hour ago, Bybit announced that it detected unauthorized activity involving one of its ETH cold wallets.
The incident occurred when a multi-signature cold wallet transferred funds to a warm wallet and was manipulated through a sophisticated attack that obscured the signing interface and altered the smart contract logic. According to Whale Alert, the attacker took control of the cold wallet and transferred 401,346 ETH to an unknown address.
Bybit is working with blockchain forensics experts to investigate the incident and is calling on specialized teams to assist in tracing the stolen assets.
Bybit asserts that other cold wallets are safe, customer funds are not affected, and operations are running normally. Bybit is committed to transparency and will provide updates as soon as possible.
#hack #bybit $ETH
Berkshire Hathaway A's third-quarter net profit is $26.25 billion
Berkshire Hathaway A (BRK.A.N) had a third quarter earnings per share of $18,272.00 in 2024, with a net profit of $26.25 billion in the third quarter.
#zachxbt
#zachxbt
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Fed mouthpiece: Powell's speech did not change the expectation of "no change" in August
In his latest article, "Federal Reserve Mouthpiece" Nick Timiraos said that Federal Reserve Chairman Powell said today that the recent slowdown in inflation and economic activity is largely in line with the Fed's expectations, but he still refused to say whether this is a reason for the Fed to cut interest rates at its policy meeting later this month.
Inflation reports last week showed a broad improvement in the economy, prompting some private analysts to wonder whether the Fed will need to wait until September to cut interest rates.
It should be noted that the Fed led by Powell usually avoids surprising the market in short-term policy decisions, so from this perspective, Powell's words today did not change the expectation that the Fed will keep interest rates stable at the August meeting. (Jinshi) #zachxbt
Inflation reports last week showed a broad improvement in the economy, prompting some private analysts to wonder whether the Fed will need to wait until September to cut interest rates.
It should be noted that the Fed led by Powell usually avoids surprising the market in short-term policy decisions, so from this perspective, Powell's words today did not change the expectation that the Fed will keep interest rates stable at the August meeting. (Jinshi) #zachxbt
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FTX claims distribution partners are BitGo and Kraken, and payment methods include stablecoins and fiat currencies
According to FTX’s claims portal, BitGo and Kraken are its distribution partners, and payment methods include stablecoins and fiat currencies.
#zachxbt
#zachxbt
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SEC new rules expand oversight of cryptocurrencies and DeFi
The U.S. Securities and Exchange Commission (SEC) recently voted to adopt new regulations that would extend the scope of federal securities laws to the cryptocurrency and decentralized finance (DeFi) sectors. However, those with assets totaling less than $50 million are exempt. The new regulations require individuals and entities that engage in transactions in cryptoassets that meet the definition of securities or government securities to comply with federal securities laws. The regulations will take effect 60 days after issuance, and compliance dates will begin one year after the effective date of the final regulations. SEC Chairman Gary Gensler said these measures are common sense and if anyone trades in a market-making manner, it must register with us as a dealer.
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Golden Morning News | Overview of important overnight developments on February 12
21:00-7:00Keywords: PayPal, LINK, Aave founder, AFME
1. Kansas banker accused of embezzling $47 million to buy cryptocurrency;
2. PayPal is developing a new consumer app for its mobile customers;
3. The European Financial Markets Association expressed shock at the proposed crypto asset custody rules;
4. A giant whale accumulated US$112 million in LINK from Binance through 55 addresses in the past 6 days;
5. Aave founder: There should be two verification categories on Lens, namely global verification and local verification;
6. AFME: Disagree with the proposal to expand the territorial scope to cover relevant crypto-asset activities conducted outside the UK.
1. Kansas banker accused of embezzling $47 million to buy cryptocurrency;
2. PayPal is developing a new consumer app for its mobile customers;
3. The European Financial Markets Association expressed shock at the proposed crypto asset custody rules;
4. A giant whale accumulated US$112 million in LINK from Binance through 55 addresses in the past 6 days;
5. Aave founder: There should be two verification categories on Lens, namely global verification and local verification;
6. AFME: Disagree with the proposal to expand the territorial scope to cover relevant crypto-asset activities conducted outside the UK.
Grayscale ETHE’s negative premium rate has narrowed to 11.84%
The current Grayscale ETH Trust Fund (ETHE) has a negative premium rate of 11.84%; the ETC Trust Fund has a negative premium rate of 43.08%; and the LPT Trust Fund has a positive premium rate of 176.34%.
#zachxbt
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MPC wallet company Fordefi completes $10 million financing, led by Electric Capital
MPC wallet company Fordefi announced the completion of US$10 million in financing, led by Electric Capital, with participation from Paxos and Alchemy. It is reported that Fordefi is expanding its self-hosted MPC wallet products to service platforms for retail investors, such as trading platforms and financial technology platforms, and further reducing the risk of interaction with DeFi applications. (CoinDesk) #zachxbt
Worldcoin has expanded its Orb verification service to Singapore
After successfully launching World ID 2.0 and the open-source Worldcoin iris recognition pipeline in mid-December, it is now possible to perform WorldID verification in Singapore using the project's custom hardware device, Orb. The full list of verification locations can be found on the Worldcoin Orb location page. In addition to World ID verification, project contributor Tools for Humanity (TFH) has become a member of the Association of Startup and Tech Companies: ACCESS and the Singapore Fintech Association (SFA).
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