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Bybit said he completed his reserves after $ 1.5 billion hack Last week, the greatest in the history of the crypto industry.
In less than 72 hours, zero compiled hundreds of thousands of ether tokens through a mixture of emergency loans and large deposits. Although the rapid recovery renewed the exchange balance and kept the withdrawal of customers open, it did not take into account the stolen cryptocurrency.
The violation happened during a routine internal transmission, when Beatit moved funds from his offline “cold wallet”, designed for safe, long -term storage, to “warm wallets”, which allows active trading. During this transmission, the hackers took advantage of safety shortcomings, intercepting the transaction and diverting funds to an unknown address.
Executive Director Ben Zhou wrote UA Post on x On Sunday, the exchange remained solvent, adding that the client’s property was still fully assisted and that the withdrawal remained open.
Company provided nearly 447,000 ether tokens Through urgent funding of companies like Galaxy Digital, Falconx and Wintermute. AND Proof of reserve audit Implemented by cyber security company Hacken confirmed that Bybit successfully renewed his reserves, confirming whether all the main assets – including Bitcoin,, etherSolana, Tether and USDC – exceeded the 100% collateralization ratio.
The recovery of stolen property remains a challenge.
Blockchain analytical company Elliptic identified the Lazarus group of North Korea as The perpetrators of the attack. The stolen funds initially scattered at 50 different wallets, each held by about 10,000 ether tokens, according to Elliptic, as part of the effort to wash coins.
Since February 24, more than $ 195 million has already been transferred – approximately $ 14.5% stolen property.
Bitbit has offered 10% wealth for the refund of stolen funds, but history suggests that the prospect of recovery is thin.
Lazarus Group He has a record Washing cryptocurrencies for avoiding international sanctions, allegedly using stolen assets to finance the North Korea Nuclear Program. In 2022. The group stole $ 600 million from Axie Infinity and, despite the intervention for law enforcement, only $ 30 million was recovered.
The ether, the sign of the center of this attack, fell by about 5% in the past day.
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