{"id":103026,"date":"2025-02-24T23:41:56","date_gmt":"2025-02-24T23:41:56","guid":{"rendered":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/"},"modified":"2025-02-24T23:41:56","modified_gmt":"2025-02-24T23:41:56","slug":"how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history","status":"publish","type":"post","link":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/","title":{"rendered":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history"},"content":{"rendered":"
\n

The cryptocurrency industry and those responsible for securing it are still in shock following Friday\u2019s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history.<\/p>\n

Bybit officials disclosed<\/a> the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a \u201cMultisig Cold Wallet\u201d when, somehow, it was transferred to one of the exchange\u2019s hot wallets. From there, the cryptocurrency was transferred out of Bybit altogether and into wallets controlled by the unknown attackers.<\/p>\n

This wallet is too hot, this one is too cold<\/h2>\n

Researchers for blockchain analysis firm Elliptic, among others, said<\/a> over the weekend that the techniques and flow of the subsequent laundering of the funds bear the signature of threat actors working on behalf of North Korea. The revelation comes as little surprise since the isolated nation has long maintained a thriving cryptocurrency theft racket<\/a>, in large part to pay for its weapons of mass destruction program.<\/p>\n

Read full article<\/a><\/p>\n

Comments<\/a><\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency industry and those responsible for securing it are still in shock following Friday\u2019s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history. Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[],"class_list":["post-103026","post","type-post","status-publish","format-standard","hentry","category-technology"],"yoast_head":"\nHow North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com\" \/>\n<meta property=\"og:description\" content=\"The cryptocurrency industry and those responsible for securing it are still in shock following Friday\u2019s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history. Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/\" \/>\n<meta property=\"og:site_name\" content=\"UshopWell.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-24T23:41:56+00:00\" \/>\n<meta name=\"author\" content=\"UShopWell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"UShopWell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/\"},\"author\":{\"name\":\"UShopWell\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#\\\/schema\\\/person\\\/6fd1f9e0ff932e534c86c70d5acff0fc\"},\"headline\":\"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history\",\"datePublished\":\"2025-02-24T23:41:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/\"},\"wordCount\":199,\"publisher\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#organization\"},\"articleSection\":[\"Technology\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/\",\"url\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/\",\"name\":\"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#website\"},\"datePublished\":\"2025-02-24T23:41:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#website\",\"url\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/\",\"name\":\"UshopWell.com\",\"description\":\"The Premiere Online Marketplace\",\"publisher\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#organization\",\"name\":\"UshopWell\",\"url\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/pandaSwea.png\",\"contentUrl\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/pandaSwea.png\",\"width\":365,\"height\":359,\"caption\":\"UshopWell\"},\"image\":{\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/#\\\/schema\\\/person\\\/6fd1f9e0ff932e534c86c70d5acff0fc\",\"name\":\"UShopWell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g\",\"caption\":\"UShopWell\"},\"url\":\"https:\\\/\\\/ushopwell.com\\\/ublog\\\/author\\\/kburnettu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/","og_locale":"en_US","og_type":"article","og_title":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com","og_description":"The cryptocurrency industry and those responsible for securing it are still in shock following Friday\u2019s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history. Bybit officials disclosed the theft of more than 400,000 ethereum and staked ethereum coins just hours after it occurred. The notification said the digital loot had been stored in a...","og_url":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/","og_site_name":"UshopWell.com","article_published_time":"2025-02-24T23:41:56+00:00","author":"UShopWell","twitter_card":"summary_large_image","twitter_misc":{"Written by":"UShopWell","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/#article","isPartOf":{"@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/"},"author":{"name":"UShopWell","@id":"https:\/\/ushopwell.com\/ublog\/#\/schema\/person\/6fd1f9e0ff932e534c86c70d5acff0fc"},"headline":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history","datePublished":"2025-02-24T23:41:56+00:00","mainEntityOfPage":{"@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/"},"wordCount":199,"publisher":{"@id":"https:\/\/ushopwell.com\/ublog\/#organization"},"articleSection":["Technology"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/","url":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/","name":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history - UshopWell.com","isPartOf":{"@id":"https:\/\/ushopwell.com\/ublog\/#website"},"datePublished":"2025-02-24T23:41:56+00:00","breadcrumb":{"@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ushopwell.com\/ublog\/how-north-korea-pulled-off-a-1-5-billion-crypto-heist-the-biggest-in-history\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ushopwell.com\/ublog\/"},{"@type":"ListItem","position":2,"name":"How North Korea pulled off a $1.5 billion crypto heist\u2014the biggest in history"}]},{"@type":"WebSite","@id":"https:\/\/ushopwell.com\/ublog\/#website","url":"https:\/\/ushopwell.com\/ublog\/","name":"UshopWell.com","description":"The Premiere Online Marketplace","publisher":{"@id":"https:\/\/ushopwell.com\/ublog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ushopwell.com\/ublog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ushopwell.com\/ublog\/#organization","name":"UshopWell","url":"https:\/\/ushopwell.com\/ublog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ushopwell.com\/ublog\/#\/schema\/logo\/image\/","url":"https:\/\/ushopwell.com\/ublog\/wp-content\/uploads\/2018\/01\/pandaSwea.png","contentUrl":"https:\/\/ushopwell.com\/ublog\/wp-content\/uploads\/2018\/01\/pandaSwea.png","width":365,"height":359,"caption":"UshopWell"},"image":{"@id":"https:\/\/ushopwell.com\/ublog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ushopwell.com\/ublog\/#\/schema\/person\/6fd1f9e0ff932e534c86c70d5acff0fc","name":"UShopWell","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4adb372cadd43b4d4c57964dab95b0f69618bf960d131c4acf49d96d6bbc9c6e?s=96&d=mm&r=g","caption":"UShopWell"},"url":"https:\/\/ushopwell.com\/ublog\/author\/kburnettu\/"}]}},"_links":{"self":[{"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/posts\/103026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/comments?post=103026"}],"version-history":[{"count":0,"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/posts\/103026\/revisions"}],"wp:attachment":[{"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/media?parent=103026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/categories?post=103026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ushopwell.com\/ublog\/wp-json\/wp\/v2\/tags?post=103026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}