‘Worst hack in history’: $2.4b pilfered from crypto exchange | Information Age
Cybercriminals believed to be North Korean have stolen $2.4 billion in Ethereum. Photo: Shutterstock
Cryptocurrency exchange Bybit is scrambling to recover approximately $2.4 billion worth of digital assets pilfered by suspected North Korean cybercriminals.
Marking the “biggest cryptocurrency heist ever recorded”, the Dubai-based company reported Saturday morning that an attacker had manipulated a routine transaction between two crypto wallets (one offline and one online) to effectively gain control over billions in Ethereum cryptocurrency.
After the hacker sent some $2.4 billion ($US1.5 billion) of the currency to an unidentified address, co-founder and chief executive Ben Zhou described the incident as the…