Lazarus Group Completes ETH Laundering, Amassing 6,706 BTC in the Process

Blockchain analysis reports from Arkham Intelligence indicate that North Korea’s Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC). From ETH to BTC: Lazarus Group Now Holds 6,706 Bitcoin Worth $591M Examining 57 separate accounts, the hackers behind the … Read more

Hackers Using Github to Steal Crypto—Malware Hidden in Open Source

A stealthy malware campaign is hijacking crypto wallets by embedding malicious code in fake open-source projects on Github, tricking developers into executing hidden payloads. Stealthy Malware on Github Is Hijacking Crypto Wallets A recently uncovered cyber campaign known as Gitvenom has been targeting Github users by embedding malicious code within seemingly legitimate open-source projects. Kaspersky … Read more

Bybit Exploit Loot in Motion: $497M in ETH Scattered Through Covert Transfers Over 4 Days

The latest data from blockchain tracking platforms reveals that the entity behind the Bybit exploit has relocated 230,645.05 ETH (valued at $497.4 million) across multiple transactions completed during a four-day window. This calculated redistribution of ether, executed with methodical precision, highlights both the scale of cryptographic wealth movement. Bybit Hackers Scatter Ether Stash Across Multiple … Read more

Thorchain Defenders Slam ‘FUD’ Over Alleged North Korea Hacker Ties

Supporters of the decentralized exchange Thorchain have pushed back against claims that the protocol is actively aiding North Korea-backed hackers attempting to cash out funds from the Bybit hack. FUD Allegations Reports that Thorchain, a decentralized exchange (DEX) platform, is refusing to block alleged North Korea-backed hackers from laundering ether (ETH) stolen from Bybit have … Read more

Mask Network Founder Suji Yan Loses $4M in Crypto to Hackers on Birthday

Mask Network founder Suji Yan’s personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network. At the time of writing, the suspicious address had received nearly $4 … Read more

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