A hacker responsible for the $1.4 billion Bybit heist has laundered over 50% of the stolen Ethereum in just five days, pushing THORChain’s transaction volumes to record highs. According to blockchain analytics firm Spot On Chain,

Bybit hackers laundered 270,000 ETH, equivalent to approximately $605 million, via THORChain, representing over half of stolen funds.

The perpetrators of the largest crypto heist in history have reportedly moved a large portion of the stolen funds without significant risks.

Cybersecurity experts say that North Korean attackers exploited wallet provider Safe to perform the biggest crypto hack of all time on Bybit.

Bybit’s $1.4 billion hack, the largest in crypto history, might have unexpected implications for Ethereum. As the exchange moves to recover, could this be a bullish catalyst for ETH?

Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.

It's only February but hackers have already stolen $1.6 billion in exploits, blockchain security firm Immunefi has said.

The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of ethereum and staked ether.

The FBI has accused the North Korean Lazarus Group of being behind the largest cryptocurrency theft in history.

Within a week, the Bybit hacker has laundered more than 50% of the stolen Ethereum worth up to $614 million. In the last 6 days, the hacker has washed 266,309 $ETH approximately worth $614 million. It makes up 53.