Hackers stole $ 1.5 billion from Exchange Bybit, the largest cryptocurrency

Bybib, a major exchange of cryptocurrency, has been hacked at $ 1.5 billion in digital assets, in what is calculated as the largest cryptocurrency in history.

The attack compromises the BYBIT cold portfolio, an offline storage system designed for security. The stolen funds, mainly in etherThey were quickly transferred through numerous portfolios and liquidated through various platforms.

“Please be sure that all other cold wallets are sure,” Ben Zhou, CEO of Bibib published on xS “All withdrawals are normal.”

Blockchain analysis companies, including Elliptic and Arkham Intelligence, tracked the stolen cryptocurrencies as it was moved to various bills and quickly landed. Hack far beyond the previous thefts in the sector, According to an ellipticalS This includes the $ 611 million stolen from Poly Network in 2021 and worth $ 570 million BNB marker of binance Stolen in 2022

Later, Elliptic analysts linked the attack with the Lazar group in North Korea, a state-sponsored collective staff, notorious to sift billions of dollars from the cryptocurrency industry. The group is known for using security vulnerabilities to fund the North Korea regime, often using sophisticated laundry methods to obscure the flow of funds.

“We have indicated the thief’s addresses in our software to help prevent these funds from being redirected through any other exchanges,” says Tom Robinson, a major scientist at Elliptic, in email.

Violation immediately causes a withdrawal of withdrawal from Bybib, as users are afraid of potential bankruptcy. Zhou said the drains had stabilized. To reassure the customers, he announced that Bybib had provided a bridge loan from undisclosed partners to cover any non -refundable losses and maintain operations.

Lazarus Group’s history to target crypto platforms dates back to 2017, when the group penetrated four South Korean exchanges and stole Bitcoin worth $ 200 million. As the law enforcement agencies and cryptocurrencies are working to track stolen assets, industry experts warn that large -scale thefts remain a major risk.

“The harder we do to take advantage of crimes like this one, the more rarely they will take place,” Robinson on Elliptics Robinson wrote in a publicationS

Correction: A previous version of this story had an incorrect fact about a previous hack.

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