North Korean hackers are implicated in laundering funds from the recent Bybit hack using cross-chain bridges. ZachXBT has highlighted the misuse of these technological pathways, complicating the tracking of illicit transactions.
The crypto community is urgently calling for heightened security measures and collaboration among industry players to address these vulnerabilities and improve defenses against such attacks.
Currently, Ethereum (ETH) is trading at 2,608.42 USD with a market cap of 314.90 billion USD. It has recorded a trading volume surge of 51.51% over the past 24 hours, reflecting its dynamic market activity.
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