A company which fell victim to what's thought to be the world's biggest ever theft is seeking to recover some of its losses by crowdsourcing online bounty hunters. Last week, hackers believed to be from North Korea's notorious Lazarus Group stole $1.46bn (£1.1bn) of cryptocurrency from ByBit, a crypto trading platform.

State-sponsored North Korean hackers stole $1.5 billion in crypto from a Dubai exchange. The heist is the biggest in history and comes as the Korean economy continues to vastly underperform. The value of that haul,

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.

Cryptocurrency exchange Bybit said last week hackers had stolen digital tokens worth around $1.5 billion, in what researchers called the biggest crypto heist of all time.

Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.

Analysis suggests North Korea-linked cybercrime groups are behind one in five of all hacking incidents in 2024.

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher

The cryptocurrency industry and those responsible for securing it are still in shock following Friday’s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history.

Researchers spot the stolen funds moving through cryptocurrency wallets that were used in earlier heists attributed to North Korea's Lazarus hacking group.

North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record, security experts told CNN.

State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.