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The global crypto community was shaken on February 21, as news broke of the largest crypto hack in history.
North Korea’s notorious state-sponsored hackers pulled off a monumental heist on crypto exchange, Bybit, and made off with some $1.5bn in ether (ETH). Having cut their teeth on projects such as the Sony Pictures Hack of 2014 and graduated to the big leagues with 2017’s infamous WannaCry ransomware campaign, Lazarus now poses a very real threat to exchanges across the globe, including the UAE.
The UAE has established itself as a leader in crypto regulation, fostering a secure and well-governed…