Can’t people just stop trading that specific coin? Or just say it’s now worth 1$?
This was a targeted attack against a cryptocurrency exchange. The specific crypto happened to be Ethereum (ETH), but more importantly the hackers were able to identify and target the specific employees needed for their multi-signature transactions, and infect their machines with malware to alter the user interface and show different destination wallet addresses. The exchange Bybit has offered a 10% bounty which could earn whitehats up to $140 million for any funds recovered, but I would be very surprised to see huge success with the use of mixers and such.
I'm impressed. As the old Arabic poem goes ليتني كوري شمالي
The record haul comes as Kim Jong-un, North Korea’s supreme leader, turns to elite units of computer hackers to prop up the Communist dictatorship’s failing economy.
I'm no apologist for NK, but this sentence is glaringly missing a nod to Western sanctions that caused the failing economy. It's mentioned some paragraphs later, but I can't not notice the subtle propaganda.
World News
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