How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean Hackers

Read more at The New York Times
-
North Korean hackers cash out hundreds of millions from $1.5bn ByBit hack
Hackers from the infamous Lazarus Group are in a cat-and-mouse game to launder their stolen funds from the ByBit heist.BBC News - 23h -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - 3d -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 4h -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 1d -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 1d -
North Korea fires several ballistic missiles into sea after U.S. and South Korea begin military drills
North Korea fired several ballistic missiles into the sea on Monday, hours after South Korean and U.S. troops kicked off their large annual combined drills.NBC News - 16h -
North Korea fires ballistic missiles after U.S., South start annual drills
North Korea fired several ballistic missiles into the sea after South Korean and U.S. troops began their large annual combined drills, Seoul said.CBS News - 11h -
North Korea fires ballistic missiles after U.S., South start annual drills
North Korea fired several ballistic missiles into the sea after South Korean and U.S. troops began their large annual combined drills, Seoul said.CBS News - 11h -
Russia Pushes Back Ukraine’s Offensive With Drones and North Korean Troops
Russia has retaken about two-thirds of the territory Ukraine seized last summer in the Kursk region of Russia, but at a fearful cost in lives.The New York Times - 2d -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 7h -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - 3d -
How Mayor Eric Adams Lost New York City
He promised law and order. Instead, his scandal-ridden mayoralty became a symbol — and engine — of the city’s chaos.The New York Times - 2d -
How Beyond Meat and the plant-based meat industry lost their allure
Beyond Meat's 2019 IPO aligned with broader excitement around plant-based meats. Yet declining sales, layoffs, and shuttered factories dominate headlines today.CNBC - 6h -
North Korea tests 'multiple' ballistic missiles as US-South Korea war games begin
"South Korean military has increased surveillance and maintaining readiness posture in close cooperation with the U.S.," South Korea's Joint Chiefs said on Monday.ABC News - 15h -
How USAID lost its way — and how to fix America's humanitarian aid system
Congress faces a choice: Preserve an outdated, opaque system riddled with inefficiency, or forge a leaner, results-driven model that actually serves those in need.The Hill - 1d -
Cybercriminals Allegedly Used a StubHub Backdoor to Steal Taylor Swift Tickets
Plus: The world’s “largest illicit online marketplace” gets hit by regulators, police seize the Garantex crypto exchange, and scammers trick targets by making up ransomware attacks.Wired - 2d -
Apple and Nvidia led Monday’s $750 billion tech wreck. How to play the aftermath.
Trump’s policy moves are causing angst. But one analyst says the broader AI thesis is still intact, and he names Tesla and Microsoft among big potential winners.MarketWatch - 3h -
Leaders Discuss Digital Asset Future at Trump’s Crypto Summit
Crypto experts and Trump discussed building a strategic reserve containing bitcoin.Inc. - 1d -
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?
“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”MarketWatch - 4h -
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
The first-of-its-kind event at the White House with top crypto executives showcased the president’s embrace of the once-renegade industry.The New York Times - 3d -
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
The first-of-its-kind event at the White House with top crypto executives showcased the president’s embrace of the once-renegade industry.The New York Times - 3d -
Impeached South Korean leader freed from prison
Impeached South Korean President Yoon Suk Yeol was released from prison Saturday after a court ruled his detention over insurrection charges was invalid. The conservative president faces charges ...The Hill - 2d -
Flagg, Broome headline Wooden Award top 15
Duke freshman Cooper Flagg and Auburn star Johni Broome headlined the 15 players named to the Wooden Award top 15 national ballot Saturday morning, as revealed on ESPN's "College GameDay."ESPN - 2d -
South Korean court orders impeached president released from jail
A South Korean court has ordered impeached President Yoon Suk Yeol to be released from jail, according to news reports FridayABC News - 3d -
What we know about the oil tanker and cargo vessel collision
BBC Verify examines how a ship carrying a highly-toxic chemical hit a tanker in the North Sea transporting jet fuel.BBC News - 4h -
Here’s how Tesla, ‘DJT’ and other Trump trades have fared since the inauguration
Shares of Tesla and Trump Media, which were seen as major beneficiaries of a Trump presidency, have lost nearly 50% since Inauguration Day.MarketWatch - 2h -
First-ever White House crypto summit leaves some investors unhappy
The White House hosted its first-ever “crypto summit” Friday, convening top executives from various digital asset firms to discuss the Trump administration’s commitment to rolling back the ...NBC News - 3d -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 5h -
Detained South Korean president is freed to cheers and jeers as he faces insurrection trial
Impeached South Korean President Yoon Suk Yeol was released from detention on Saturday, deepening political division in the key U.S. ally as he faces insurrection charges over his failed attempt to ...NBC News - 2d -
One in 15 Americans has witnessed a mass shooting – study
Report finds that 7% of Americans have been present at the scene of a mass shooting and 2% have been injured in one. One in 15 Americans has witnessed a mass shooting, a new study shows, revealing ...The Guardian - 2d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1h -
Heavy rains in Argentina kill at least 15 as dozens reported missing, officials say
Officials in Argentina say heavy rains that flooded a city on the country's east coast have killed at least 15 peopleABC News - 1d -
What is Trump’s Crypto Reserve Plan?
The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.The New York Times - 6d -
North Korea unveils nuclear-powered submarine for the first time
North Korea has unveiled a nuclear-powered submarine under construction.ABC News - 2d -
US-flagged oil tanker collides with container ship in North Sea
A U.S.-flagged oil tanker has collided with a Portuguese container ship in the North Sea, north of England, with both ships catching on fire, according to officials.ABC News - 6h -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - 4h -
FIFA, Infantino can have a World Cup halftime show: Just end it in 15 minutes
I don't mind FIFA adding a Super Bowl-style halftime show during the 2026 World Cup final -- as long as they don't mess with the most important thing in soccer: halftime can't be longer than 15 ...ESPN - 1d -
Ukraine drones force Russian airport restrictions in latest overnight exchange
Russia launched a fresh wave of drone strikes into Ukraine overnight into Sunday morning as the country reeled from a bloody weekend of aerial attacks.ABC News - 1d -
US charges Chinese hackers and government officials in a broad cybercrime campaign
China is denying the U.S. Justice Department’s accusations against 12 Chinese nationals charged in connection with global cybercrime campaigns targeting dissidents, news organizations, U.S. ...ABC News - 4d
More from The New York Times
-
DOJ Reinforces Demand to Break Up Google’s Search Monopoly
In a court filing on Friday, the government signaled a continuation of tough regulatory pressure on the search giant.The New York Times - 3d -
DOJ Reinforces Demand to Break Up Google’s Search Monopoly
In a court filing on Friday, the government signaled a continuation of tough regulatory pressure on the search giant.The New York Times - 3d -
Eric Schmidt Joins Relativity Space as C.E.O.
The former Google chief executive is taking a controlling interest in Relativity Space, which aims to build low-cost, reusable rockets to compete against Elon Musk’s SpaceX and to reach Mars.The New York Times - 4h -
Starship Explosions Show SpaceX No Longer Defying Gravity
Consecutive losses of the Starship rocket suggest that the company’s engineers are not as infallible as its fans may think.The New York Times - 1d -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - 3d
More in Tech
-
GenLayer offers novel approach for AI agent transactions: getting multiple LLMs to vote on a suitable contract
GenLayer is betting that AI-driven contracts, enforced on the blockchain, will be the foundation for a trillion-dollar marketplace.VentureBeat - 1h -
OPM Watchdog Says Review of DOGE Work Is Underway
The acting inspector general says the Office of Personnel Management is investigating whether any “emerging threats” have arisen as Elon Musk’s DOGE works to rapidly transform government systems.Wired - 3h -
PlayStation plans to update the PS5 Pro with FSR 4-like technology in the near future
While the PS5 Pro uses PSSR, PlayStation plans to level-up that technology with something closer to AMD's FSR 4 next year.VentureBeat - 4h -
Major AI market share shift revealed: DALL-E plummets 80% as Black Forest Labs dominates 2025 data
New data reveals dramatic AI market share shifts in 2025 as Black Forest Labs and DeepSeek challenge OpenAI and Google's dominance.VentureBeat - 4h -
Mississippi Passes Bill Banning Lab-Grown Meat
Three states have now passed legislation making it illegal to manufacture, sell, or distribute cultivated meat.Wired - 4h