Crypto Catastrophe: North Korea’s $1.4 Billion Heist Unveiled!
The North Korean Lazarus crew pulled off a $1.4 billion cryptocurrency heist by tricking a developer into installing malicious software. They bypassed MFA and manipulated a JavaScript file to redirect funds. ByBit, the world’s second-largest exchange, is offering a bug bounty to recover the stolen loot.
Hot Take:
In the world of cryptocurrency, the Lazarus hacking crew just set a new record for the biggest heist ever. It’s like Ocean’s Eleven, but with more nerds and fewer heists. If only Danny Ocean had known about AWS session tokens and JavaScript files, right?
Key Points:
- Lazarus hacking group from North Korea orchestrated a $1.4 billion cryptocurrency heist.
- The attack involved social engineering, stolen AWS tokens, and a JavaScript file swap.
- Forensic experts from Mandiant and Safe{Wallet} are investigating the incident.
- The FBI has linked the attack to North Korea’s TraderTraitor hacking group.
- Bybit has launched a bug bounty program to recover the stolen funds.
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