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$1.5B Bybit Hack – How the biggest hack in history happened
$1.4 Billion Stolen From A Single Malicious Transaction
The attribution to North Korea’s state-backed Lazarus Group was quickly confirmed, with their wallet addresses linked to previous large-scale exchange hacks. Law enforcement agencies and blockchain analytics firms are actively tracking the attacker’s wallets, monitoring for any attempts to convert funds into fiat. Shifting from the frame of mind of “don’t get hacked” to “when an attack happens, how do we mitigate damage and respond effectively” is important as an industry to embrace going forward.
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