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TheNewsCrypto

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Bybit Hit by $1.4 Billion Crypto Heist as Lazarus Group is Suspected

  • Bybit, a leading cryptocurrency exchange, suffered a security breach in which $1.4 billion worth of ETH was stolen.
  • The hack is suspected to be linked to the North Korean Lazarus Group.
  • Bybit's CEO confirmed the breach happened due to an advanced attack that exploited a masked user interface and URL.
  • Bybit is investigating the incident and has promised enhanced security measures.

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