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davut1karabulut
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TechOps Core Unit takes over management of MakerDAO Github.
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How North Korea’s Lazarus Group Wages Financial Warfare Through Crypto Heists
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Why Don't Hackers Sell the ETH They Stole? 🇰🇵👀 Recent hack incidents have raised the question of why hackers don’t sell the Ethereum (ETH) they steal. The main reason lies in ETH’s decentralized nature. Unlike stablecoins like USDC and USDT, which are controlled by centralized companies and can be frozen, ETH is beyond such interventions. As a result, hackers hold onto their ETH to secure their assets. Market conditions also play a role. Hackers may be waiting for ETH prices to rise to maximize their profits. Converting ETH into Bitcoin or other assets carries risks since exchanges are required to report suspicious transactions. This situation highlights both the strengths and weaknesses of decentralized finance. So, why do you think hackers aren’t selling their ETH? Share your thoughts! 💬 #LazarusGroup #ETH #Ethereum #BybitSecurityBreach $ETH #NorthKoreaHackers
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North Korea's Lazarus Group behind the $1.2 Billion Ethereum Heist. 🇰🇵 A massive $1.19 billion crypto theft has shaken the industry, with North Korea’s Lazarus Group accused of hacking an Ethereum wallet on Bybit. The February 23 attack caused Ethereum’s price to drop 4%, reigniting concerns over exchange security. Blockchain forensics firm Arkham Intelligence linked the breach to Lazarus, known for funding Pyongyang through cybercrime. Bybit CEO Zhou confirmed 350,000 withdrawal requests but assured users that assets remained secure. Recovery efforts face challenges despite global law enforcement involvement. The heist follows North Korea’s growing reliance on crypto theft, with Lazarus previously orchestrating billion-dollar breaches, including the $625M Ronin Network hack. Experts stress the need for multi-signature wallets, AI-driven security, and stronger regulatory collaboration to combat state-backed cyber threats. #NorthKoreaHackers #northkorea #LazarusGroup #Lazarus #Ethereum $ETH
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