Tag Archives: Lazarus Group

Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack

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LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protocol blamed Kelp’s 1-of-1 verifier configuration for the incident. LayerZero Blames KelpDAO For $290M Exploit Over the weekend, liquid restaking protocol KelpDAO was the victim of an attack that drained over $290 million in rsETH from… Continue reading Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack→

Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers

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South Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The breach impacted over 20 different tokens and has prompted Upbit to freeze assets on its platform while an investigation unfolds. Lazarus… Continue reading Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers→

2025 Crypto Thefts Spike: Stolen Funds Hit $2.7 Billion In H1– Report

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As the market soars with bullish momentum, crypto theft has also seen a record-breaking performance during the first half of this year. A recent report revealed that stolen funds from services so far have surpassed the numbers from previous years. Stolen Crypto Service Funds Hit $2B In 6 months On Thursday, Chainalysis shared its “2025… Continue reading 2025 Crypto Thefts Spike: Stolen Funds Hit $2.7 Billion In H1– Report→

Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details

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An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC) transactions. Monero Soars After $330 Million BTC Theft Privacy and security-focused token Monero saw its price soar 52% to a four-year high on Monday. The… Continue reading Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details→

North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack

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In a significant blow to the cryptocurrency industry, Bybit, one of the leading crypto exchanges, has confirmed a major security breach involving its Ethereum cold wallet.  The incident, reported on Friday by Bitcoinist, marks one of the largest cryptocurrency hacks in history, with losses estimated at over $1.5 billion. Bybit Hack Linked To North Korea’s… Continue reading North Korean Lazarus Group Identified As Culprit In Bybit’s Historic $1.5 Billion Hack→

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?

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Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up. Despite this, some projects have shown a remarkable performance this week. Among the top gainers… Continue reading Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?→