According to Crypto Rover, the hacker responsible for the Bybit breach is actively moving funds, transferring $7 million in ETH within the past hour. On-chain data analysis connects this activity to the Phemex hack, both attributed to the Lazarus Group, indicating coordinated efforts and posing potential impacts on market sentiment and security protocols.

According to Lookonchain, a hacker associated with the Lazarus Group has transferred 10,000 ETH (valued at $27 million) to Bybit Exploiter 54 to begin laundering the funds. The hacker still retains 489,395 ETH, valued at approximately $1.32 billion, and 15,000 cmETH in 53 other wallets, although the cmETH is currently non-withdrawable. This activity suggests significant market implications as such large-scale transfers could influence ETH liquidity and volatility.

According to Lookonchain, the Bybit hacker, associated with Lazarus Group, has transferred 10,000 ETH ($27 million) to Bybit Exploiter 54 to start laundering funds. The hacker currently holds a significant amount of 489,395 ETH ($1.32 billion) and 15,000 cmETH across 53 wallets, but the cmETH remains non-withdrawable.

According to ZachXBT, the Lazarus Group has been linked to an address involved in the BingX hack. This address is now connected to hacks on Bybit, BingX, and Phemex, indicating a significant on-chain overlap. This revelation could impact trading activities on these platforms, as it highlights potential vulnerabilities. Traders should remain vigilant and monitor any updates regarding the security measures on these exchanges. Source: ZachXBT.

According to Lookonchain on Twitter, the hacker responsible for stealing $1.4 billion from Bybit and $69 million from Phemex has been identified as part of the Lazarus Group. The stolen funds were laundered by transferring ETH to wallet '0x33d0...8F65'. This highlights a significant security risk for cryptocurrency exchanges, potentially affecting trading strategies and trust in exchange platforms. Source: @zachxbt.

According to @lookonchain, the hackers who stole $1.4 billion from Bybit and $69 million from Phemex appear to be the same group. The funds were laundered by transferring ETH to the wallet '0x33d0...8F65'. @zachxbt reports that the perpetrators are linked to the Lazarus Group, indicating a sophisticated and coordinated attack strategy.

According to ZachXBT, the Lazarus Group has directly linked the Bybit hack to the Phemex hack through on-chain activity by commingling funds from the initial theft addresses. The overlap address involved in both hacks is 0x33d057af74779925c4b2e720a820387cb89f8f65. This connection highlights a critical point for traders to monitor potential additional exploitations tied to this address. Source: ZachXBT on Twitter.

According to Crypto Rover, forensic analysis has confirmed that the recent attack on a cryptocurrency platform matched the known tactics of the Lazarus Group. This information is critical for traders and market participants as the involvement of such a notorious group can lead to increased market volatility and potential regulatory scrutiny. Further updates on the situation are awaited, which could impact trading strategies and market conditions. Source: Crypto Rover.

According to Crypto Rover, Bybit's multisig cold wallet was hacked, resulting in the theft of $1.4 billion in ETH. The attack was attributed to the Lazarus Group, who employed a fake interface to deceive signers and alter transaction details. This breach highlights significant vulnerabilities in crypto security protocols, necessitating immediate risk management strategies and potential impacts on trading as investors react to the news.

According to Crypto Rover, the Lazarus Group, a hacker organization allegedly backed by North Korea, has been linked to numerous major cyberattacks since 2010, potentially affecting cryptocurrency markets by targeting exchanges and wallets.

According to Crypto Rover, the ByBit hack is recorded as the largest in crypto history, with the infamous Lazarus Group being the suspected perpetrators. This event has significant implications for market stability and investor confidence, highlighting the need for enhanced security measures in cryptocurrency exchanges. The hack's scale requires traders to be cautious about potential market volatility and shifts in investment strategies. [Source: Crypto Rover]

According to Reetika (@ReetikaTrades), the Lazarus group deposited funds to Hyperliquid to long Ethereum (ETH), but after suffering losses, they allegedly reverted to hacking, targeting Bybit to steal ETH. This incident highlights the importance of timely market movements in preventing such security breaches.

According to ZachXBT, Yicong Wang has been banned from platforms like Paxful and Noones under multiple aliases, including Seawang, Greatdtrader, and BestRhea977, due to involvement in laundering funds. Despite these bans, Wang has allegedly shifted his operations offsite and continues to assist the Lazarus Group, as evidenced by on-chain activities.

According to ZachXBT, Yicong Wang, a Chinese over-the-counter (OTC) trader, has been instrumental in assisting the Lazarus Group, a notorious hacking collective, in converting tens of millions of dollars worth of stolen cryptocurrency into cash. This conversion has been conducted primarily through bank transfers since 2022, highlighting significant risks in crypto-to-fiat transactions and the involvement of OTC traders in illicit activities.

According to ZachXBT, the cryptocurrency Aptos (APT) has recently climbed to the 38th position in market capitalization. The tweet also makes a cryptic reference to APT being an 'advanced persistent threat,' drawing a parallel to the notorious Lazarus group. This implies potential security concerns or risks associated with Aptos, which traders should be wary of.

According to ZachXBT, despite having over 1000 employees, certain organizations like MetaMask and Symbiotic BNB lack an incident response team capable of blocking activities following DeFi or Lazarus Group hacks. This absence raises concerns about the protection of the ecosystem from such exploits.

According to @zachxbt, four stablecoin issuers—Paxos, Tether, Techteryx, and Circle—have blacklisted two addresses associated with the Lazarus Group, freezing $4.96 million. Additionally, another $1.65 million has been frozen.

According to ZachXBT, there is evidence of overlapping laundering activities in three separate hacks attributed to the Lazarus Group. This suggests a pattern in their operations and may indicate coordinated efforts in laundering stolen funds.

According to ZachXBT, the remaining dust from the Poloniex November 2023 hack and DMM Bitcoin May 2024 hack was consolidated into the same address earlier today, further indicating ties to the Lazarus Group. The dust collector address is 0x7b3d256cfd474d8737097faef74ba16d9eed6b3a.