State-sponsored North Korean hackers stole $1.5 billion in crypto from a Dubai exchange. The heist is the biggest in history and comes as the Korean economy continues to vastly underperform. The value of that haul,

According to Bybit's holdings, that amounts to $1.5 billion in cryptocurrency that was stolen from Bybit and its customers, making this the largest ever cryptocurrency theft. However, as Molly White of Web3IsGoingGreat points out, the hacker can't exactly cash out $1.5 billion in Ethereum, because an amount that high would crash the value of ETH.

Analysis suggests North Korea-linked cybercrime groups are behind one in five of all hacking incidents in 2024.