North Korea's $1.5B Bybit Theft
This is a North Korea news story, published by Ars Technica, that relates primarily to Elliptic news.
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cold walletsArs Technica
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Business & Economics
How North Korea pulled off a $1.5 billion crypto heist—the biggest in history
64% Informative
Bybit officials disclosed theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred.
Researchers for blockchain analysis firm Elliptic said the techniques and flow of the funds bear the signature of threat actors working on behalf of North Korea .
North Korea has long maintained a thriving cryptocurrency theft racket, in large part to pay for its weapons of mass destruction program.