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Lazarus APT stole $1.5B from Bybit, it is the largest cryptocurrency heist ever

  • Crypto exchange Bybit was the victim of a sophisticated attack, and threat actors stole $1.5B worth of cryptocurrency from one of the company’s offline wallets.
  • Bybit’s ETH cold wallet was compromised in the attack that masked the signing interface, allowing threat actors to redirect funds to an unknown address.
  • The Bybit hack is the largest cryptocurrency heist ever, surpassing previous ones like Ronin Network ($625M), Poly Network ($611M), and BNB Bridge ($566M).
  • The cyber heist is attributed to the Lazarus APT group, known for their advanced methods and previous attacks on banks and cryptocurrency exchanges.

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