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Reading: The latest situation in Bybit Hack! Hackers managed to lose their traces of 20 percent of the funds!
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EdaFace Newsfeed > Latest News > Security & Hacks > The latest situation in Bybit Hack! Hackers managed to lose their traces of 20 percent of the funds!
Security & Hacks

The latest situation in Bybit Hack! Hackers managed to lose their traces of 20 percent of the funds!

vitalclick
Last updated: March 4, 2025 2:38 pm
21 hours ago
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Bybit CEO I’m ZhouAfter a major hacking attack of $ 1.4 billion, 20 percent of lost crypto currencies have become unattended. Behind the Hack attack is the North Korean -based Lazarus Group. The attack took place on February 21st and 400 thousand ETHs and 113 thousand units in the attack Eth Based coin was stolen. According to Zhou, the next two weeks are critical to freezing lost funds.

Most of the crypto currency of 1.4 billion dollars can still be followedHackers turned some of the tokens into Bitcoin via Thorchain

Most of the crypto currency of 1.4 billion dollars can still be followed

Bybit CEO said that 77 percent of the stolen funds are traceable and 3 percent have already been frozen. However, 20 percent of the funds lost its trail. 16 percent of which is included in this ratio, ie 79 thousand 655 ETH, KYC does not require exch It was moved through the stock market and cannot be followed for now. Zhou said that updates are expected.

Also Hackers OKX web3 Using the proxy system worth $ 100 million Ethereum $2,102.07 transferred. 65 million dollars of this was still not determined. For this, more information is expected from the OKX web3.

On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!



Hackers turned some of the tokens into Bitcoin via Thorchain

Hackers are 83 percent of the assets they play Bitcoin $83,958.40He turned it into. These assets moved to a total of 6 thousand 954 wallets. Most of the process Thorchain It was used and 72 percent of the total stolen assets were transformed through this protocol.

Bybit Hack and Thorchain

There is discussions in the protocol as to whether Thorchain should prevent hacker movements due to its decentralized structure. TCB, a member of Thorchain, left the protocol, stating that most funds came from North Korean hackers. Protocol, Eth He submitted the issue of temporarily stopping his transfers to vote, but the final decision has not yet been made.

Meanwhile with a similar structure ChainflipImmediately after noticing the hacker movements, he stopped all transfers on the platform and added new security measures to his system.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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