Tag: Bybit Hack
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Coinbase Hack Highlights Crypto Industry’s Persistent Security Risks
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Coinbase Global Inc., the prominent crypto exchange often hailed as a trailblazer in bringing digital assets into the mainstream financial system, faced a significant security breach that exposed sensitive customer data and raised questions about the industry’s vulnerability. This breach, disclosed on Thursday, underscores the pressing need for enhanced security measures in a rapidly evolving…
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FBI Warns Crypto Community Against Laundering Funds from Bybit Hack
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The Federal Bureau of Investigation (FBI) has issued a stark warning to the Crypto Community, urging businesses and individuals to avoid handling funds linked to the recent Bybit exchange hack. The attack, which saw $1.5 billion stolen, has been attributed to the notorious North Korean hacker group Lazarus, also known as TraderTraitor. The FBI’s alert,…