Lazarus Group has been identified in 1.5B from $ biestibit hack: arkham

The investigation shared hackers used by Ethereum from Bibits (El) Multisig cold wallet during routine transmission on the heat wallet.

The attackers manipulated the signing interface, making it shows the correct wallet address while changing the basic logic of the smart contract.

The whole Bibit Ben Zhao confirmed that the security violation resulted in losses greater than $ 1.5 billion in cryptocurrency assets.

Despite the magnification of theft, Zhao provided users that all client retreat will be processed, even those who are reconsidered.

ZachkBT reveals links between BiBit and Phemek Hacka

Zachkbt’s investigation revealed a direct connection to the chain between the incident from the bar and the recent Phemek Exchange program. The attackers also performed funds from both wors through the same stealing addresses of theft. This form corresponds to the familiar Lazarus groups of connecting more compromises of exchange.

The submission of a role covered detailed analysis of test transactions conducted before the main attack, connected wallet tracking and the time analysis that indicated a group of northern Korean countries. Arkham shared these forensic evidence with the Bibit team to support his inquiry in progress.

The incident began when Bibit discovered Unauthorized transfers from one of their Ethers (El) Cold wallets. The exchange immediately launched an investigation, partner with specialists for Blocchain forensics to find stolen property.

The company issued an open invitation to help teams with expertise in Blocchain Analytics and Fund Recovery.

This hack is one of the largest hackers for the exchange of cryptocurrent stock exchanges in history.

Tim Bibita received help from other exchange in order to maintain opening for users.