Security· ★★★★· bearish·

Investigators compare Binance and Bybit hacks: five matches, four differences

  • —TRM Labs and Chainalysis attributed the October 29 attack to TraderTraitor within hours
  • —All 18,270 BTC sit in 19 wallets, 17 of them holding exactly 1,000 BTC each
  • —A further 195,460 ETH has been untouched in one wallet since the night of the theft
  • —Wallets on ten chains signed for the attacker within about half an hour, deeper access than at Bybit
Why it matters: A confirmed North Korea link would make the two heists a $7.8 billion loss in 20 months and increase scrutiny of mixers, OTC desks and Tron.
Source: The Crypto Times