Cryptocurrency Exchange Bybit's Forensic Review

Bybit's Investigation into the Recent $1.5 Billion Crypto Hack

Following an extensive review, cryptocurrency exchange Bybit has released its findings on the recent $1.5 billion cyber heist. Contrary to initial concerns, Bybit's systems remained secure throughout the incident.

Compromised Safe Wallet Infrastructure

The investigation highlighted a crucial vulnerability stemming from the Safe wallet infrastructure. According to Bybit, "the credentials of a Safe developer were compromised." This breach enabled the notorious Lazarus hacking group to access the Safe wallet illicitly and mislead Bybit employees into authorizing a fraudulent transaction.

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