Chinese crime network laundered over $1B for Lazarus: ZachXBT
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.


Glideslope AI-powered market news
1 stories in the last 7 days, reading neutral overall. Quiet in the last 24 hours.

| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | 0.0 | 1 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
ZachXBT says he infiltrated the network by posing as a customer, gaining information that helped trace funds from the $1.5 billion Bybit hack.

Gracy Chen said she saw the 2025 Bybit hack as a "good reference point" for Bitget's security breach, noting that only a small percentage of funds had been fro…

Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody.

The additions come as Bybit's TradFi perpetuals lineup grows to more than 200 products spanning equities, ETFs, commodities, indices and private companies.

Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations.

Bybit's Austrian payments subsidiary gained regulatory approval to develop card, merchant, open-banking and person-to-person payment services.

The launch gives Bybit a locally operated platform in one of Asia's largest crypto markets, home to more than 21 million crypto exchange users.

The exchange integration gives Western Union's dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stableco…

The US-to-Mexico remittance corridor, while still the largest, shrank 4.5% in 2025 as other Latin American corridors grew.

The Rwanda central bank's warning came after Bybit added the Rwanda Franc to its list of assets that its peer-to-peer platform can use to trade for crypto.

The crypto exchange is offering a yield product tied to Tether Gold (XAUT), signaling a shift toward turning traditionally passive assets like gold into income…

It's estimated that roughly 1,800 crypto companies operate in the United Arab Emirates, employing more than 8,600 people in various roles.

Bybit says most of the $300 million "saved" came from users backing out after real-time warnings, highlighting how exchanges are shifting from recovery to pree…

Bybit's upcoming neobank launch via Tether-backed Pave Bank highlights the regulatory hurdles and challenges that crypto exchanges face when entering tradition…

Bybit's market share climbed in 2025, even after it was hacked for $1.5 billion, while trading volumes on the top 10 exchanges rose by 7.6% on average last yea…

North Korea's record-breaking Bybit hack changed how exchanges handle security and even influenced FATF's global crypto recommendations.

Bybit will phase out services for Japan-based users starting in 2026, following earlier steps to halt new registrations.

Bybit is relaunching in the UK with a stripped‑back spot and P2P platform, reopening a market it exited after the Financial Conduct Authority's (FCA) 2023 crac…

Belarus blocked major crypto exchange domains the same day Russia signaled it may ease regulated crypto access requirements while clamping down on the gray mar…

After analyzing 166 blockchains, Bybit's Lazarus Security Lab found 16 networks that can freeze or restrict user funds, raising questions about decentralizatio…

. Bybit will host PumpFun's PUMP token sale from July 12 - 15, but users in Europe will be excluded due to regulatory restrictions..

. Bybit and OKX have both launched MiCA-compliant crypto exchanges in the EU, marking a significant push into Europe's newly unified regulatory landscape..

. Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency..

. Thailand's SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns..

. . Cryptocurrency exchange Bybit said it had involved team members, including an executive, to fix a glitch that affected a single user who could not go throu…

. . German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen…

. . The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds…

. . Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea's Laz…

. . Crypto exchange Bybit has denied claims that it charges $1.4 million to list a token on its platform, following allegations made by a social media user wit…

. . Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 X Avalon Labs announcement, t…

Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE