JUST

Bitcoin

Billion

Reserve

In a new statement, Safe{Wallet} attributed the recent $1.4 billion attack on Bybit to TraderTraitor (UNC4899), a cybercrime group with ties to North Korea.Attackers reportedly bypassed multi-factor authentication by hijacking a developer's laptop and stealing an AWS session token.According to Safe{Wallet}, the FBI has officially linked the February 21 heist to TraderTraitor, a group with ties to the Democratic People’s Republic of Korea (DPRK). Cybersecurity firm Mandiant, which tracks the group as UNC4899, also confirmed the connection in a preliminary report. TraderTraitor has been linked to several major cryptocurrency thefts in recent years.Related News: <a href="https://en.bitcoinsistemi.com/just-in-a-very-important-first-step-for-a-strategic-bitcoin-reserve-at-the-federal-level-in-the-us/" rel="noopener noreferrer nofollow">JUST IN: A Very Important First Step for a Strategic Bitcoin Reserve at the Federal Level in the US</a>Safe{Wallet} stated that an ongoing investigation aims to determine the full extent of attacker activity following the breach. The breach allowed threat actors to gain access to Safe{Wallet} servers, raising concerns about potential system vulnerabilities.In response, Safe{Wallet} implemented significant security improvements, strengthening its infrastructure beyond pre-incident levels. The company also assured users that their smart contracts were not affected by the attack.*This is not investment advice. Continue Reading: <a href="https://en.bitcoinsistemi.com/final-official-report-on-1-5-billion-bybit-hack-released-the-main-culprit-revealed/" rel="noopener noreferrer nofollow">Final Official Report on $1.5 Billion Bybit Hack Released – The Main Culprit Revealed</a>

Final Official Report on $1.5 Billion Bybit Hack Released – The Main Culprit Revealed

Bitcoin Sistemi EN

Other articles published on Mar 6, 2025

Ripple’s Bold Move: How XRP is Disrupting Cross-Border Payments in Portugal and Brazil

This $7 Billion In XRP Linked to Ripple Chairman Chris Larsen Sparks Discussion

NEOPIN Annual Update: 2024

RENDER and NEAR Approaches Falling Wedge Resistance – Could Breakout Spark a Rally?

Bitcoin (BTC) Share from White House Advisor David Sacks Before the Critical Summit!

BlackRock's Bitcoin Holdings Grow as Market Bounces Back

Join our free newsletter for daily crypto updates!