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North Korean Hackers Steal $1.5B in Cryptocurrency

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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 …

How North Korea pulled off a $1.5 billion crypto heist—the biggest in history

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The cryptocurrency industry and those responsible for securing it are still in shock following Friday’s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history. Bybit officials disclosed the theft of more …

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