How North Korea pulled off a $1.5 billion crypto heist—the biggest in history
SMRTR summary
A $1.5 billion cryptocurrency theft struck Dubai-based exchange Bybit on Friday, the largest digital asset heist ever. Over 400,000 ethereum and staked ethereum coins were stolen from a "Multisig Cold Wallet" and transferred to attackers' wallets. Blockchain analysts suspect North Korean hackers, likely funding their weapons program. The incident has shocked the crypto industry and raised concerns about the security of advanced storage methods.
SMRTR provides this summary for quick context. The original article belongs to Ars Technica.
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