
Bybit Hack: 89% of $1.4B Stolen Crypto Traceable, $16M Hits Wasabi
Bybit’s $1.4B hack sees 89% traceable, but $16M in BTC hits Wasabi mixer and P2P vendors. Can trackers outpace Lazarus in this record heist?
Bybit’s $1.4B hack sees 89% traceable, but $16M in BTC hits Wasabi mixer and P2P vendors. Can trackers outpace Lazarus in this record heist?
The U.S. could soon hold $80 billion in Bitcoin if Sen. Lummis’ BITCOIN Act passes, but after the $1.5 billion Bybit hack, can a national reserve stay secure? Experts debate the risks and rewards as crypto’s role in global finance hangs in the balance—where do you stand on this bold move?
SafeWallet’s post-mortem reveals how North Korea’s Lazarus Group exploited a developer’s machine to steal $1.4 billion from Bybit. The report details the February breach, spotlighting vulnerabilities despite intact smart contracts.
Bybit CEO Ben Zhou said 20% of a $1.4B theft—$280M—has “gone dark” as hackers swap ETH to BTC, with 77% still traceable. Amid a critical recovery window in March 2025, can Bybit freeze the funds?