According to @zachxbt, North Korean hackers are escalating their attacks on the cryptocurrency industry, using a new Python-based malware called PylangGhost disguised in fake job applications. The campaign, attributed to the group Famous Chollima, impersonates major firms like Coinbase and Uniswap to lure crypto professionals into installing the malware, which is designed to steal credentials from over 80 browser extensions, including popular wallets like MetaMask, Phantom, and TronLink, as detailed by Cisco Talos. This activity is part of a larger, alarming trend, with a TRM Labs report indicating that a record $2.1 billion was stolen from crypto platforms in the first half of 2025. North Korean-linked groups are reportedly responsible for $1.6 billion, or 70%, of these losses, highlighting a significant and growing systemic risk for traders and the digital asset ecosystem. The report also notes a strategic shift in attack vectors, with over 80% of stolen funds coming from infrastructure-level breaches like private key theft, which are proving far more lucrative than traditional smart contract exploits.

According to PeckShieldAlert, the first half of 2025 has become the worst six-month period on record for crypto security, with over $2.1 billion stolen across 75 incidents. A TRM Labs report highlights that this figure surpasses the previous H1 high from 2022 by 10%. Alarmingly, North Korean-linked groups are reportedly responsible for $1.6 billion, or 70% of all stolen funds. This surge is heavily influenced by the historic $1.5 billion Bybit hack in February, attributed to North Korea, which has skewed the average hack size to $30 million. The report also notes a significant shift in attack vectors, with over 80% of losses stemming from infrastructure-level breaches like private key thefts, which are proving ten times more lucrative than traditional DeFi smart contract exploits. This trend underscores a critical security risk for traders, emphasizing the vulnerability of centralized platforms and the growing threat of nation-state cyber campaigns impacting the market.

According to ZachXBT, over $7 million in stolen cryptocurrency assets have been successfully frozen with the collaboration of CFInvestigators, tanuki42_, and the Binance Security team (source: ZachXBT on Twitter, May 2, 2025). This rapid freeze significantly limits the ability of malicious actors to liquidate stolen funds, improving overall market security and reinforcing trust in centralized exchanges' security protocols. Traders should note that such swift action can reduce the risk of large-scale sell-offs and price volatility following high-profile thefts, as highlighted by this incident.

According to MistTrack, the team is actively monitoring and tracking stolen cryptocurrency funds alongside KiloEx_perp. They have identified the exploiter's address as 0x00faC92881556A90FdB19eAe9F23640B95B4bcBd and urge users to flag this address on Etherscan. This incident highlights the importance of vigilance and real-time tracking in crypto trading to prevent further losses.

According to PeckShieldAlert, Four[.]Meme has been attacked, resulting in the theft of approximately 200 BNB, valued at around $130,000. The stolen funds have been transferred to FixedFloat.

According to @EmberCN, Bybit hackers have used the Chainflip cross-chain swap tool to convert ETH into assets on other chains. After dispersing 5,000 ETH to multiple addresses 40 minutes ago, they have successfully laundered 205 ETH through Chainflip. Source: etherscan.io/address/0x60e4…

According to The Kobeissi Letter, Bybit's CEO has confirmed that over $1.4 billion in Ethereum and other assets have been hacked from the exchange. The stolen funds are reportedly being transferred to new addresses and sold. Arkham Intelligence has revealed that $200 million worth of stETH has already been sold, suggesting a significant impact on the market.

According to ZachXBT, more than $1.2 million has been stolen from crypto wallets, raising concerns about security measures.

According to ZachXBT, there is a substantial difference between $26 million and $1-3 million stolen in the context of cryptocurrency theft. This distinction is critical for traders to understand the varying scales of risk and the potential impact on market trust and asset security.