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The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented safeguards to prevent Bybit hackers from exploiting its platform. OKX Clarifies Web3 Protocol Suspension Last week, OKX refuted allegations of scrutiny by European regulators … Read more
As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump’s Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin. This shift comes amid suspicions that a hacking syndicate—suspected to be orchestrated by the North Korean government—has been funneling illicit gains into BTC, turning … Read more
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase The Lazarus Group, a North Korean state-sponsored hacking collective, transferred 400 ETH to privacy tool … Read more
OKX has denied a report that it’s being investigated by European regulators for failing to block Bybit hackers. OKX Says It Took Steps to Block Bybit Hackers OKX, the Seychelles-based cryptocurrency exchange, has refuted reports suggesting that it is being investigated by European regulators for failing to block Bybit hackers. OKX, which is subject to … Read more
The hackers behind the Bybit hack have managed to cash out approximately $300 million of the stolen $1.4 billion in digital assets, despite industry efforts to prevent them.The hack has sparked debate about how Web3 firms can prevent similar attacks in the future. Bybit Hack: 20% of Stolen Funds ‘Gone Dark’ Reports suggest cybercriminals behind … Read more
Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions. Go to Source
A recent forfeiture complaint by U.S. law enforcement revealed that Ripple co-founder Chris Larsen lost $150 million in XRP due to compromised private keys stored in Lastpass, a password manager breached in 2022, according to onchain investigator ZachXBT and the complaint filing. Private Keys Stored in Lastpass Resulted in $150M Crypto Hack, Feds Allege The … Read more
Crypto exchanges manage liquidity crises following major hacks by leveraging insurance funds, seeking emergency financing, suspending services, and collaborating with industry players. Go to Source
The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they … Read more
North Korea’s Lazarus Group has been identified as the likely perpetrator of a $3.1 million cryptocurrency theft from a Tron user, according to onchain investigator ZachXBT, marking the latest exploit tied to the sanctioned hacking collective North Korean Hackers Suspected in $3.1M Exploit The Feb. 28, 2025, attack targeted an unnamed victim, with stolen funds … Read more
