Lazarus Group consolidates Bybit funds into Phemex hacker wallet
Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Onchain evidence following the $1.4 billion Bybit hack has linked North Korea’s Lazarus Group to the Phemex hack in January, according to ZachXBT.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto wallet security crisis deepens as NGRAVE users face $2.65 million phishing attack
Bitquery follows funds into XMR1 purchases on Hyperliquid, but cannot confirm every wallet belonged to an NGRAVE user. Read the fu...
Crypto Industry Group Asks Treasury To Clarify GENIUS Act Rules For DeFi
TL;DR: The Blockchain Association has urged the US Treasury to draw clearer lines around DeFi software, foreign stablecoin issuers...
Visa And Mesh Want Crypto Wallet Balances To Work At 175 Million Merchants
TL;DR: Mesh and Visa have announced a partnership intended to let consumers spend cryptocurrency and stablecoins from participatin...
Mesh Signs Visa Deal to Turn Wallet Crypto and Stablecoin Balances Into Card-Free Payments
Crypto payments firm Mesh announced a partnership with Visa on Oct. 19 that is meant to let people pay at Visa merchants directly...
Cardano Foundation joins five other blockchain groups urging SEC to lock in digital commodity definition
The push for a formal digital commodity definition could stabilize regulatory environments, fostering innovation and clarity in th...
French Authorities Push EU to Make Crypto Exchanges Screen DeFi Protocols for Users
Regulated crypto platforms that actively give customers access to decentralized finance should be liable for certain incidents tha...