The WazirX hack, which saw the infamous North Korean Lazarus Group steal $235 million from the crypto exchange, notably affected the sentiments of the Indian crypto investors. Post the hack, users migrated to more trusted platforms. In an interview published on 5 May 2025, Sumit Gupta, the CEO of CoinDCX, a crypto exchange based in … Read more
Privacy-focused exchange eXch will shut down operations on May 1 following rising allegations that it was used to launder funds stolen in the $1.5 billion Bybit hack. In an Apr. 17 notice on the Bitcoin Forum, eXch’s team said the project had become the target of a “transatlantic operation” aiming to shut it down and … Read more
An ongoing EU crypto investigation into OKX for allegedly laundering $100 million from the Bybit hack in February 2025, has seen the European bloc threatening to remove OKX MiCA license. European regulators are reportedly probing OKX’s decentralized trading and self-custody offerings, which they claim were used by the Lazarus Group—a notorious hacking outfit allegedly sponsored … Read more
The cryptocurrency sector suffered staggering losses in February, with scams, exploits, and hacks totaling nearly $1.53 billion, according to blockchain security firm CertiK. The bulk of these losses stemmed from the $1.4 billion attack on Bybit, marking the largest crypto heist in history. On February 21, hackers targeted crypto exchange Bybit, reportedly seizing control of … Read more
The non-KYC centralized exchange eXch has strongly denied allegations of laundering stolen funds from the historic Bybit hack on behalf of the notorious Lazarus Group. The accusations, which have been widely discussed across social media and blockchain investigation forums, claim that eXch processed millions of dollars in stolen funds tied to the North Korean hacking … Read more
Weekly Recap — Ye’s controversial crypto launch; SEC retreats from OpenSea and Coinbase; Bybit recovers from hack.
On-chain investigator ZachXBT has identified North Korea’s Lazarus Group as the team behind the billion-dollar Bybit hack, winning a 50k ARKM bounty for solving the case. The breakthrough came when ZachXBT submitted conclusive evidence linking the attack to the hacking group at 19:09 UTC. The investigation shared the hackers exploited Bybit’s Ethereum (ETH) multisig cold … Read more
Panel Discussion: What’s Next for DeFi Scaling? The panel, titled “What’s the Next Leap in DeFi Scaling?”, will take place from 06:40 to 07:10 UTC. Jennifer Kong, Head of Ecosystem at Manta Network, will moderate the session. The discussion will focus on the latest challenges and innovations in DeFi scalability. Key Topics to Be Discussed … Read more