The Lazarus Group’s Attack on Bybit: $1.46 Billion Loss
Bybit announced it was hacked on February 21, losing approximately $1.46 billion in digital assets, with 401,347 ETH targeted. The attack exploited a vulnerability during a routine transfer. The Lazarus Group was identified as the hacker. Bybit assures users their assets are secure and pledges 10% of recovered funds as a bounty.