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Bybit Confirms Record-Breaking $1.5 Billion Crypto Heist in Sophisticated Cold Wallet Attack

Bybit Confirms Record-Breaking $1.5 Billion Crypto Heist in Sophisticated Cold Wallet Attack

Feb 22, 2025 Financial Crime / Cryptocurrency
Cryptocurrency exchange Bybit on Friday revealed that a "sophisticated" attack led to the theft of over $1.5 billion worth of cryptocurrency from one of its Ethereum cold (offline) wallets, making it the largest ever single crypto heist in history. "The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing interface, displaying the correct address while altering the underlying smart contract logic," Bybit said in a post on X. "As a result, the attacker was able to gain control of the affected ETH cold wallet and transfer its holdings to an unidentified address." In a separate statement posted on the social media platform, Bybit's CEO Ben Zhou emphasized that all other cold wallets are secure. The company further said it has reported the case to the appropriate authorities. While there is no official conf...
Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers

Bybit Hack Traced to Safe{Wallet} Supply Chain Attack Exploited by North Korean Hackers

Feb 27, 2025 Cybercrime / Cryptocurrency
The U.S. Federal Bureau of Investigation (FBI) formally linked the record-breaking $1.5 billion Bybit hack to North Korean threat actors, as the company's CEO Ben Zhou declared a "war against Lazarus." The agency said the Democratic People's Republic of Korea (North Korea) was responsible for the theft of the virtual assets from the cryptocurrency exchange, attributing it to a specific cluster it tracks as TraderTraitor, which is also referred to as Jade Sleet, Slow Pisces, and UNC4899. "TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains," the FBI said . "It is expected these assets will be further laundered and eventually converted to fiat currency." It's worth noting that the TraderTraitor cluster was previously implicated by Japanese and U.S. authorities in the theft of cryptocurrency worth $308 mil...
Crypto Developers Targeted by Python Malware Disguised as Coding Challenges

Crypto Developers Targeted by Python Malware Disguised as Coding Challenges

Apr 15, 2025 Malware / Threat Intelligence
The North Korea-linked threat actor assessed to be behind the massive Bybit hack in February 2025 has been linked to a malicious campaign that targets developers to deliver new stealer malware under the guise of a coding assignment. The activity has been attributed by Palo Alto Networks Unit 42 to a hacking group it tracks as Slow Pisces , which is also known as Jade Sleet, PUKCHONG, TraderTraitor, and UNC4899. "Slow Pisces engaged with cryptocurrency developers on LinkedIn, posing as potential employers and sending malware disguised as coding challenges," security researcher Prashil Pattni said . "These challenges require developers to run a compromised project, infecting their systems using malware we have named RN Loader and RN Stealer." Slow Pisces has a history of targeting developers, typically in the cryptocurrency sector, by approaching them on LinkedIn as part of a supposed job opportunity and enticing them into opening a PDF document that details the ...
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⚡ THN Weekly Recap: Alerts on Zero-Day Exploits, AI Breaches, and Crypto Heists

⚡ THN Weekly Recap: Alerts on Zero-Day Exploits, AI Breaches, and Crypto Heists

Mar 03, 2025
This week, a 23-year-old Serbian activist found themselves at the crossroads of digital danger when a sneaky zero-day exploit turned their Android device into a target. Meanwhile, Microsoft pulled back the curtain on a scheme where cybercriminals used AI tools for harmful pranks, and a massive trove of live secrets was discovered, reminding us that even the tools we rely on can hide risky surprises. We’ve sifted through a storm of cyber threats—from phishing scams to malware attacks—and broken down what it means for you in clear, everyday language. Get ready to dive into the details, understand the risks, and learn how to protect yourself in an increasingly unpredictable online world. ⚡ Threat of the Week Serbian Youth Activist Targeted by Android 0-Day Exploit Chain — A 23-year-old Serbian youth activist had their Android phone targeted by a zero-day exploit chain developed by Cellebrite to unlock the device and likely deploy an Android spyware called NoviSpy. The flaws combined ...
Germany Shuts Down eXch Over $1.9B Laundering, Seizes €34M in Crypto and 8TB of Data

Germany Shuts Down eXch Over $1.9B Laundering, Seizes €34M in Crypto and 8TB of Data

May 10, 2025 Cryptocurrency / Cybercrime
Germany's Federal Criminal Police Office (aka Bundeskriminalamt or BKA) has seized the online infrastructure and shutdown linked to the eXch cryptocurrency exchange over allegations of money laundering and operating a criminal trading platform. The operation was carried out on April 30, 2025, authorities said, adding they also confiscated 8 terabytes worth of data and cryptocurrency assets worth €34 million ($38.25 million) in Bitcoin, Ether, Litecoin, and Dash. According to the BKA, eXch[.]cx, existed since 2014 and offered cryptocurrency swapping services, allowing its users to exchange digital assets. It was available both on the clearnet and the dark web. eXch "specifically advertised on platforms of the criminal underground economy (UE) that it did not implement any anti-money laundering measures," the BKA said in a statement. "Users were neither required to identify themselves to the service, nor was user data stored there. Crypto swapping via eXch was...
Safe{Wallet} Confirms North Korean TraderTraitor Hackers Stole $1.5 Billion in Bybit Heist

Safe{Wallet} Confirms North Korean TraderTraitor Hackers Stole $1.5 Billion in Bybit Heist

Mar 07, 2025 Security Breach / Cryptocurrency
Safe{Wallet} has revealed that the cybersecurity incident that led to the Bybit $1.5 billion crypto heist is a "highly sophisticated, state-sponsored attack," stating the North Korean threat actors behind the hack took steps to erase traces of the malicious activity in an effort to hamper investigation efforts. The multi-signature (multisig) platform , which has roped in Google Cloud Mandiant to perform a forensic investigation, said the attack is the work of a hacking group dubbed TraderTraitor , which is also known as Jade Sleet, PUKCHONG, and UNC4899 . "The attack involved the compromise of a Safe{Wallet} developer's laptop ('Developer1') and the hijacking of AWS session tokens to bypass multi-factor authentication ('MFA') controls," it said . "This developer was one of the very few personnel that had higher access in order to perform their duties." Further analysis has determined that the threat actors broke into the developer...
Drift Loses $285 Million in Durable Nonce Social Engineering Attack Linked to DPRK

Drift Loses $285 Million in Durable Nonce Social Engineering Attack Linked to DPRK

Apr 03, 2026 Durable Nonce Social Engineering
Solana-based decentralized exchange Drift has confirmed that attackers drained about $285 million from the platform during a security incident that took place on April 1, 2026. "Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift’s Security Council administrative powers," the company said in a series of posts on X. "This was a highly sophisticated operation that appears to have involved multi-week preparation and staged execution, including the use of durable nonce accounts to pre-sign transactions that delayed execution." Drift noted that the attack did not exploit a vulnerability in its programs or smart contracts, and that there is no evidence of compromised seed phrases. Rather, the breach is said to have "involved unauthorized or misrepresented transaction approvals obtained prior to execution, likely facilitated through durable n...
North Korea-Linked Hackers Steal $2.02 Billion in 2025, Leading Global Crypto Theft

North Korea-Linked Hackers Steal $2.02 Billion in 2025, Leading Global Crypto Theft

Dec 18, 2025 Cryptocurrency / Cyber Espionage
Threat actors with ties to the Democratic People's Republic of Korea (DPRK or North Korea) have been instrumental in driving a surge in global cryptocurrency theft in 2025, accounting for at least $2.02 billion out of more than $3.4 billion stolen from January through early December. The figure represents a 51% increase year-over-year and $681 million more than 2024, when the threat actors stole $1.3 billion, according to Chainalysis' Crypto Crime Report shared with The Hacker News. "This marks the most severe year on record for DPRK crypto theft in terms of value stolen, with DPRK attacks also accounting for a record 76% of all service compromises," the blockchain intelligence company said . "Overall, 2025’s numbers bring the lower-bound cumulative estimate for cryptocurrency funds stolen by the DPRK to $6.75 billion." The February compromise of cryptocurrency exchange Bybit alone is responsible for $1.5 billion of the $2.02 billion plundered by North ...
⚡ THN Weekly Recap: GitHub Supply Chain Attack, AI Malware, BYOVD Tactics, and More

⚡ THN Weekly Recap: GitHub Supply Chain Attack, AI Malware, BYOVD Tactics, and More

Mar 24, 2025 Weekly Recap / Hacking
A quiet tweak in a popular open-source tool opened the door to a supply chain breach—what started as a targeted attack quickly spiraled, exposing secrets across countless projects. That wasn’t the only stealth move. A new all-in-one malware is silently stealing passwords, crypto, and control—while hiding in plain sight. And over 300 Android apps joined the chaos, running ad fraud at scale behind innocent-looking icons. Meanwhile, ransomware gangs are getting smarter—using stolen drivers to shut down defenses—and threat groups are quietly shifting from activism to profit. Even browser extensions are changing hands, turning trusted tools into silent threats. AI is adding fuel to the fire—used by both attackers and defenders—while critical bugs, cloud loopholes, and privacy shakeups are keeping teams on edge. Let’s dive into the threats making noise behind the scenes. ⚡ Threat of the Week Coinbase the Initial Target of GitHub Action Supply Chain Breach — The supply chain compromise...
ThreatsDay Bulletin: GhostAd Drain, macOS Attacks, Proxy Botnets, Cloud Exploits, and 12+ Stories

ThreatsDay Bulletin: GhostAd Drain, macOS Attacks, Proxy Botnets, Cloud Exploits, and 12+ Stories

Jan 01, 2026 Cybersecurity / Hacking News
The first ThreatsDay Bulletin of 2026 lands on a day that already feels symbolic — new year, new breaches, new tricks. If the past twelve months taught defenders anything, it’s that threat actors don’t pause for holidays or resolutions. They just evolve faster. This week’s round-up shows how subtle shifts in behavior, from code tweaks to job scams, are rewriting what “cybercrime” looks like in practice. Across the landscape, big players are being tested, familiar threats are mutating, and smaller stories are quietly signaling bigger patterns ahead. The trend isn’t about one big breach anymore; it’s about many small openings that attackers exploit with precision. The pace of exploitation, deception, and persistence hasn’t slowed; it’s only become more calculated. Each update in this edition highlights how the line between normal operations and compromise is getting thinner by the week. Here’s a sharp look at what’s moving beneath the surface of the cybersecurity world as 2026 begin...
ThreatsDay Bulletin: $290M DeFi Hack, macOS LotL Abuse, ProxySmart SIM Farms +25 New Stories

ThreatsDay Bulletin: $290M DeFi Hack, macOS LotL Abuse, ProxySmart SIM Farms +25 New Stories

Apr 23, 2026 Hacking News / Cybersecurity News
You scroll past one incident and see another that feels familiar, like it should have been fixed years ago, but it still works with small changes. Same bugs. Same mistakes. The supply chain is messy. Packages you did not check are stealing data, adding backdoors, and spreading. Attacking the systems behind apps is easier than breaking the apps themselves. The exploits are simple but still work, giving attackers easy access. AI tools are also part of the problem now. They trust bad input and take real actions, which makes the damage bigger. Then there are quieter issues. Apps take data they should not. Devices behave in strange ways. Attackers keep testing what they can get away with. No noise. Just ongoing damage. Here is the list for this week’s ThreatsDay Bulletin. State-backed crypto heist North Korea Likely Behind KelpDAP $290M Crypto Heist Inter-blockchain communication protocol LayerZero has revealed that North Korean thr...
⚡ Weekly Recap: Password Manager Flaws, Apple 0-Day, Hidden AI Prompts, In-the-Wild Exploits & More

⚡ Weekly Recap: Password Manager Flaws, Apple 0-Day, Hidden AI Prompts, In-the-Wild Exploits & More

Aug 25, 2025 Cybersecurity News / Hacking
Cybersecurity today moves at the pace of global politics. A single breach can ripple across supply chains, turn a software flaw into leverage, or shift who holds the upper hand. For leaders, this means defense isn’t just a matter of firewalls and patches—it’s about strategy. The strongest organizations aren’t the ones with the most tools, but the ones that see how cyber risks connect to business, trust, and power. This week’s stories highlight how technical gaps become real-world pressure points—and why security decisions now matter far beyond IT. ⚡ Threat of the Week Popular Password Managers Affected by Clickjacking — Popular password manager plugins for web browsers have been found susceptible to clickjacking security vulnerabilities that could be exploited to steal account credentials, two-factor authentication (2FA) codes, and credit card details under certain conditions. The technique has been dubbed Document Object Model (DOM)-based extension clickjacking by independent sec...
ThreatsDay Bulletin: MS Teams Hack, MFA Hijacking, $2B Crypto Heist, Apple Siri Probe & More

ThreatsDay Bulletin: MS Teams Hack, MFA Hijacking, $2B Crypto Heist, Apple Siri Probe & More

Oct 09, 2025 Cybersecurity / Hacking News
Cyber threats are evolving faster than ever. Attackers now combine social engineering, AI-driven manipulation, and cloud exploitation to breach targets once considered secure. From communication platforms to connected devices, every system that enhances convenience also expands the attack surface. This edition of ThreatsDay Bulletin explores these converging risks and the safeguards that help preserve trust in an increasingly intelligent threat landscape. How Threat Actors Abuse Microsoft Teams Attackers Abuse Microsoft Teams for Extortion, Social Engineering, and Financial Theft Microsoft detailed the various ways threat actors can abuse its Teams chat software at various stages of the attack chain, even using it to support financial theft through extortion, social engineering, or technical means. " Octo Tempest has used communication apps, including Teams, to send taunting and threatening messages to organizations, defenders, and incident response teams as p...
⚡ Weekly Recap: VPN 0-Day, Encryption Backdoor, AI Malware, macOS Flaw, ATM Hack & More

⚡ Weekly Recap: VPN 0-Day, Encryption Backdoor, AI Malware, macOS Flaw, ATM Hack & More

Aug 04, 2025 Hacking News / Cybersecurity
Malware isn’t just trying to hide anymore—it’s trying to belong. We’re seeing code that talks like us, logs like us, even documents itself like a helpful teammate. Some threats now look more like developer tools than exploits. Others borrow trust from open-source platforms, or quietly build themselves out of AI-written snippets. It’s not just about being malicious—it’s about being believable. In this week’s cybersecurity recap, we explore how today’s threats are becoming more social, more automated, and far too sophisticated for yesterday’s instincts to catch. ⚡ Threat of the Week Secret Blizzard Conduct ISP-Level AitM Attacks to Deploy ApolloShadow — Russian cyberspies are abusing local internet service providers' networks to target foreign embassies in Moscow and likely collect intelligence from diplomats' devices. The activity has been attributed to the Russian advanced persistent threat (APT) known as Secret Blizzard (aka Turla). It likely involves using an adversary-...
⚡ Weekly Recap: Chrome 0-Day, 7.3 Tbps DDoS, MFA Bypass Tricks, Banking Trojan and More

⚡ Weekly Recap: Chrome 0-Day, 7.3 Tbps DDoS, MFA Bypass Tricks, Banking Trojan and More

Jun 23, 2025 Cyber Security / Hacking News
Not every risk looks like an attack. Some problems start as small glitches, strange logs, or quiet delays that don’t seem urgent—until they are. What if your environment is already being tested, just not in ways you expected? Some of the most dangerous moves are hidden in plain sight. It’s worth asking: what patterns are we missing, and what signals are we ignoring because they don’t match old playbooks? This week’s reports bring those quiet signals into focus—from attacks that bypassed MFA using trusted tools, to supply chain compromises hiding behind everyday interfaces. Here's what stood out across the cybersecurity landscape: ⚡ Threat of the Week Cloudflare Blocks Massive 7.3 Tbps DDoS Attack — Cloudflare said it autonomously blocked the largest distributed denial-of-service (DDoS) attack ever recorded, which hit a peak of 7.3 terabits per second (Tbps). The attack, the company said, targeted an unnamed hosting provider and delivered 37.4 terabytes in 45 seconds. It origi...
⚡ Weekly Recap: SharePoint 0-Day, Chrome Exploit, macOS Spyware, NVIDIA Toolkit RCE and More

⚡ Weekly Recap: SharePoint 0-Day, Chrome Exploit, macOS Spyware, NVIDIA Toolkit RCE and More

Jul 21, 2025 Enterprise Security / Zero Day
Even in well-secured environments, attackers are getting in—not with flashy exploits, but by quietly taking advantage of weak settings, outdated encryption, and trusted tools left unprotected. These attacks don’t depend on zero-days. They work by staying unnoticed—slipping through the cracks in what we monitor and what we assume is safe. What once looked suspicious now blends in, thanks to modular techniques and automation that copy normal behavior. The real concern? Control isn’t just being challenged—it’s being quietly taken. This week’s updates highlight how default settings, blurred trust boundaries, and exposed infrastructure are turning everyday systems into entry points. ⚡ Threat of the Week Critical SharePoint Zero-Day Actively Exploited (Patch Released Today) — Microsoft has released fixes to address two security flaws in SharePoint Server that have come under active exploitation in the wild to breach dozens of organizations across the world. Details of exploitation emer...
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