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World of Software > Mobile > Bybit recognizes the theft of cryptocurrencies in history
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Bybit recognizes the theft of cryptocurrencies in history

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Last updated: 2025/02/25 at 3:54 AM
News Room Published 25 February 2025
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The BYBIT cryptocurrency operator has announced that “A sophisticated attack” It led to the theft of almost 1.5 billion dollars from one of its cold wallets (offline) of Ethereum. It is the most large cryptocurrency theft in history.

«The incident occurred when our cold multifirma wallet of ETH (Ethereum) executed a transfer to our hot wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signature interface, showing the right direction while altering the logic of the underlying intelligent contract »said bybit in a message in networks.

“As a result, the attacker was able to obtain control of the cold boiler of affected ETH and transfer their assets to an unidentified address”they describe.

In a separate statement, Bybit’s executive director, Ben Zhou, emphasized that All other cold wallets were safecustomer funds were insured and operations continued without interruptions. The operator said he had informed the corresponding, affected and general public authorities complying with their safety and transparency standards.

The Bybit security team, together with the main Blockchain and partners forensic experts, are actively investigating the incident. “Any team with experience in blockchain analysis and fund recovery that can help track these assets is welcome to collaborate with us”They say from Bybit.

Although there is no official confirmation, Arkham Intelligence analysts say that Lazarus Group is responsible for the theft of the largest cryptocurrency in history. The independent researcher Zachxbt said that “The Bybit incident is chained with Phemex’s hacking”the last of which took place at the end of last month.

Lazarus Group, the famous group of hackers to which links with the North Korean regime are assigned, is well known in the world of cybersecurity due to its ability to infiltrate corporate entities around the world, steal customer databases, distribute ransomware and steal cryptocurrencies, a type of attack that is increasing due to the lucrative nature of its rewards.

His links with the North Korean government are large and all security analysts direct their sights there. Last Añao, Google researchers They described North Korea as «Possibly the main cyber criminal company in the world».

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