The malicious Javascript code used in the attack could secretly modify transactions for SafeWallet, a cryptocurrency wallet provider.

Bybit, a major cryptocurrency exchange based in Dubai recently announced it had been hacked, losing $1.5 billion worth of the cryptocurrency Ethereum in the largest cryptocurrency theft of all time. Putting it into perspective,

Cryptocurrency buyers should be prepared for more and bigger threats after North Korea’s recent robbery of close to $1.5 billion of cryptocurrency from crypto exchange Bybit. That’s just one of the implications of a study appearing in the February 2025 issue of the Quarterly Journal of Economics.

State-sponsored North Korean hackers stole $1.5 billion in crypto from a Dubai exchange. The heist is the biggest in history and comes as the Korean economy continues to vastly underperform. The value of that haul,

State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.

In the early hours of February 21, 2025, the cryptocurrency world was thrust into chaos. A staggering $1.5 billion in digital assets vanished from Bybit, a Dubai-based cryptocurrency exchange, in what is now the largest crypto heist in history.