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Bybit
How North Korea Launders Billions in Stolen Crypto
The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls.
Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable
Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
THORChain Sees Record $4.6B Volume After Bybit's $1.4B Hack
THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
Bybit Declares ‘War on Lazarus’ as It Crowdsources Effort to Freeze Stolen Funds
The exchange is offering a 5% bounty for submissions that could lead to stolen funds being frozen.
Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
Ethereum 'Roll Back' Suggestion Has Sparked Criticism. Here's Why It Won't Happen
Call for "roll back" by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn't happen.
Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.
Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH
The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.