It has come to light through the esteemed Arkham Intelligence that one ZachXBT—an exemplar of onchain sagacity—has, with admirable acumen, discerned that the nefarious Lazarus Group, an infamous band of North Korean rogues, stands accused of orchestrating the most audacious $1.46 billion caper on Feb. 21. Arkham, in a fit of generosity, has offered a princely bounty of 50,000 ARKM, which, in a less whimsical world, amounts to roughly $31,600, for information regarding the miscreants behind this dastardly affair.
In a most regrettable turn of events, the Bybit cryptocurrency hack has resulted in a loss not to be trifled with: a staggering $1.46 billion in Ether (ETH) and other precious ERC-20 tokens. The astute ZachXBT witnessed the calamity unfold and promptly submitted his findings to Arkham, thereby revealing the villainous organization by means of his on-chain prowess—like a true detective in a thrilling novel!
As per the wise scribes at Blockaid, a platform of great repute in the realm of onchain security, this sum represents the largest heist ever to befall a crypto exchange. Surprisingly, news of the scandal spread as swiftly as gossip at a country ball, sparking reactions that oscillated between supportive camaraderie and a delightful gallows humor within the crypto community.
Crypto Entities Rally Round Bybit
Amidst the tumult, various crypto luminaries sprang forth to express their unwavering support for Bybit. The illustrious Justin Sun, a gentleman of the Tron blockchain, conveyed via X that his network was diligently aiding in tracking the ill-gotten gains.
Likewise, the enterprising folks at crypto exchange OKX dispatched their security team to bolster Bybit’s investigation—a commendable act, indeed, as attested by the wise words of their chief marketing officer, Haider Rafique.
In a generous display of goodwill, the official account of the KuCoin exchange proclaimed its full support for Bybit, its dedicated team, and the indefatigable CEO, Ben Zhou, as they bravely navigate this turbulent travail.
KuCoin, ever the sage, articulated that in the world of crypto, “shared responsibility” is the name of the game, asserting that collaboration is paramount in the fight against cyber malfeasance and bolstering security across the board.
Staunch Declarations Against the FUD!
As whispers of the mischief proliferated, some users ardently called upon the community to dispel the insidious fear, uncertainty, and doubt (FUD) clouding this incident, thereby showcasing their steadfast support for Bybit.
The esteemed Conor Grogan of Coinbase took to X to reassure all: “Bybit appears to be processing withdrawals just fine after their hack… With over $20B in assets and cold wallets unmarred, I daresay the contagion threat may be overstated.” He persuasively continued:
“A mere minute into the FTX disarray, it was evident they had faltered; however, I assure you that Bybit is not to be likened to that calamity, and fear not—it shall endure.”
Stani Kulechov, founder of Aave and fellow recipient of unfortunate happenings, also chose to weigh in with his wisdom.
Wise Counsel for the Masses
//s3.cointelegraph.com/uploads/2025-02/01952a07-1160-721f-892e-57f1223d26d6″/>
Read More
- EUR JPY PREDICTION
- DF PREDICTION. DF cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- Doctor Strange’s Shocking Return in Marvel’s Avengers: Doomsday Revealed!
- ASTR PREDICTION. ASTR cryptocurrency
- YFI PREDICTION. YFI cryptocurrency
- XDC PREDICTION. XDC cryptocurrency
- POL PREDICTION. POL cryptocurrency
- South of Midnight PC Requirements Revealed
- COW PREDICTION. COW cryptocurrency
2025-02-22 00:09