Browsing: Hack

Blockchain investigator ZachXBT has said an undercover operation costing him $349,700 exposed an alleged Chinese laundering network that moved more than $1 billion for North Korea-linked hackers and helped trace funds from Bybit’s $1.5 billion 2025 theft. ZachXBT says he spent $349,700 posing as a client inside an alleged Lazarus-linked laundering network. His investigation identified…

Bitget has published a substantial update on this week’s security breach, increasing the confirmed amount transferred to attacker-controlled wallets and laying out a timetable for restoring withdrawals.

The first statement regarding the security incident at Bitget has come from an exchange representative. According to the representative, the wallets affected by the attack are now under control.

Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack

The $320 million hack of the Bitcoin-linked Liquid Network is another dent to crypto’s reputation as the industry tries to convince banks and institutional investors that digital assets can become part of mainstream financial infrastructure.

Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves