menu
techminis

A naukri.com initiative

google-web-stories
source image

Schneier

1M

read

113

img
dot

North Korean Hackers Steal $1.5B in Cryptocurrency

  • North Korean hackers steal $1.5B in cryptocurrency from the Dubai-based exchange Bybit.
  • Over 400,000 ethereum and staked ethereum coins were transferred from Bybit's cold wallet to hot wallets controlled by the attackers.
  • The attackers manipulated the smart contract logic and signing interface, bypassing multisig cold wallet security.
  • The hack exposes the vulnerability of the human element in crypto security, requiring the industry to focus on end-to-end prevention.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app