Lazarus Group | Coinbackyard

Indian authorities arrest Garantex co-founder Aleksej Besciokov following US request

Indian Authorities Arrest Garantex Co-Founder at US Request

March 13, 2025 • Latest News • Leave a Comment

Indian police have arrested Aleksej Besciokov, co-founder of the Garantex crypto exchange, following a US request. The arrest took place in Kerala under India’s extradition laws. Source: https://www.elliptic.co/media-center/elliptic-data-used-by-us-secret-service-in-investigation-into-60-billion-russian-crypto-exchange-garantex The US Department of Justice (DOJ) indicted Besciokov and his co-founder, Aleksandr […]

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Bybit 2025 Hack and Crypto Security Breach

Bybit Hack 2025: What Happened and Its Impact on Crypto Security

March 1, 2025 • Cryptocurrency • Leave a Comment

Bybit 2025 hack is the biggest crypto security breach in history. Hackers stole $1.5 billion worth of Ethereum (ETH) by exploiting the vulnerability of a third-party wallet service. This hack raised security issues about the safety of money and the

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Bybit Ethereum recovery, $1.5 billion hack, restored reserves

Bybit Recovers Ethereum Reserves After Massive Hack

February 24, 2025 • Latest News • Leave a Comment

Bybit has fully restored its Ethereum (ETH) reserves after suffering one of the largest hacks in crypto history. The exchange’s CEO, Ben Zhou, confirmed the recovery on February 24, just days after losing $1.5 billion in a cyberattack. Source: https://www.cnbctv18.com/technology/bybit-suffers-major-crypto-heist-what-happened-and-what-it-means-for-users-19563208.htm

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DMM Bitcoin exchange closure after $320 million hack by Lazarus Group

DMM Bitcoin Shuts Down Following $320 Million Hack

December 4, 2024 • Latest News • Leave a Comment

DMM Bitcoin is closing after suffering a $320 million hack linked to the Lazarus Group, a North Korean cybercrime syndicate. Despite attempts to recover stolen funds, the exchange failed to rebound, ultimately transferring accounts to SBI VC Trade. This case highlights ongoing cybersecurity risks in the cryptocurrency industry.

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New phishing tactics by North Korean hackers targeting cryptocurrency firms and DeFi platforms.

North Korean Hackers Target Crypto Firms with New Phishing Tactics

November 10, 2024 • Cryptocurrency • Leave a Comment

In a shift of modus operandi, North Korean hackers have targeted cryptocurrency firms more frequently. As of late, cybersecurity firm SentinelLabs traces this to BlueNoroff, a subgroup of the infamous Lazarus Group. This is one of the most serious escalations

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