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Mastodon: AboutGet the appKeyboard shortcutsView source codev4.4.0-nightly.2025-03-25

#Bybit

4 posts4 participants1 post today
Public
Crypto Boss

🛡️ #Bybit CEO Zhou warns that the growing use of crypto mixers by hackers complicates asset recovery efforts.

🔴 $1.4B stolen, with 88.87% still traceable

🔴 Hackers using mixers: Wasabi, CryptoMixer, Railgun, TornadoCash

🔴 86.29% converted to BTC

🔴 #BTC mixers now in play: 193 $BTC already washed through Wasabi

Public
BitTap

📊 Last month’s web traffic stats across major crypto exchanges:

#Binance: 59.3M visits ⬇️ 23.0%, 📄 10.78 pages/visit
#Coinbase: 44.0M visits ⬇️ 28.9%, 📄 5.56 pages/visit
#Gateio: 26.9M visits ⬇️ 3.6%, 📄 2.56 pages/visit
#OKX: 23.0M visits ⬆️ 15.0%, 📄 4.58 pages/visit
#Bybit: 19.0M visits ⬇️ 27.2%, 📄 19.09 pages/visit
#HTX: 16.7M visits ⬆️ 96.9%, 📄 6.32 pages/visit
#Upbit: 8.1M visits ⬇️ 35.4%, 📄 39.49 pages/visit
#Kraken: 7.7M visits ⬇️ 23.4%, 📄 7.54 pages/visit

Public *
⚯ Michel de Cryptadamus ⚯

#ZachXBT is probably world's greatest crypto detective. He's pro-crypto but has busted a *ton* of frauds and scams.

Recently he's been working on tracking #NorthKorea's massive money laundering operation in the wake of the #Bybit hack and seems to have concluded that the entire crypto industry is fucked (which some of us have known all along).

* Telegram link: t.co/7Fi2sk1cqF

Investigations by ZachX8T ‘spending long hours helping freeze funds for the Bybit hack has been eye opening. This industry is unbelievably cooked when it ‘comes to exploits/hacks and sadly idk if the. industry is going to fix this itself unless the ‘government forcibly passes regulations that hurt our entire industry. Several “decentralized” protocols have recently had nearly 100% of their monthly volume/fees derived from DPRK and refuse to take any pEet Centralized exchanges end up being worse as e e T T R e T multiple hours to respond when it only takes LTSS KYT is completely flawed and easiy evadable KYCis just a honeypot for regular users bc of breaches/insiders and is useless in majority of cases due to purchased accounts. DPRKaundering $1.48 from the recent hack has P e TR TR LN X PR Y T 2 T Y @ 4319 11:33AM
#DPRK#LazarusGroup#uspol
Public
gtbarry

Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’

The cryptocurrency exchange Bybit has called on the “brightest minds” in cybersecurity to help it recover $1.5bn (£1.2bn) stolen by hackers in what is thought to be the biggest single digital theft in history.

#bybit #cryptocurrency #crypto #security #cybersecurity #hackers #hacking #hacked

theguardian.com/technology/202

The Guardian · Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’By Joanna Partridge
Public
Prof. Dr. Dennis-Kenji Kipker

Wie man mit #Freeware 1,5 Milliarden USD transferiert - oder auch nicht: Die New York Times berichtet, dass der größte #Crypto Diebstahl in der Geschichte u.a. wohl nur möglich gewesen ist, weil die Krypto-Währungsbörse "#Bybit" eine Freeware benutzte, deren Sicherheitsbedenken bekannt waren. Wenn #Cybersicherheit und Währungsstabilität derart miteinander verknüpft sind, ist das ein weiterer Beleg für die fehlende Tauglichkeit von Crypto für nationale #Währungsreserven:

nytimes.com/2025/03/06/technol

The New York Times · How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean HackersBy David Yaffe-Bellany
Public *
McDonald_69

North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack

Hackers thought to be working for the North Korean regime have successfully cashed out at least $300m (£232m) of their record-breaking $1.5bn crypto heist.

The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago.

bbc.com/news/articles/c2kgndww

bybit logo
www.bbc.comNorth Korean hackers cash out hundreds of millions from $1.5bn ByBit hackHackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.
#NorthKorea#hack#crypto
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