Bybit Hot Wallet Exploit for Malicious Transaction – Technical Analysis Released

Researchers uncovered one of the most technically sophisticated attacks in cryptocurrency history, exploiting Bybit’s Ethereum hot wallet infrastructure through a malicious proxy contract upgrade.  The breach, attributed to North Korea’s Lazarus Group via blockchain fingerprinting, resulted in the theft of 401,346.76 ETH (valued at $1.12 billion) through meticulously engineered delegatecall operations targeting Gnosis Safe’s multisig […]

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