How awesome are North Korean hackers to understand with just one picture? Bybit exchange has been robbed of nearly 1.5 billion ETH assets. The basic information currently available is: 1. The hacker stole directly from the cold wallet, which is worth reflecting on. Is it due to the advanced technology or internal connections? 2. Currently, in terms of technology and public opinion, the circle is more inclined towards North Korean hackers. 3. Short term bearish ETH price, yesterday went from 2800 to 2600 (lowest), and the current event consumption is almost over. Binance and Bitget support Bybit. These two exchanges have sent over 50000 ETH to Bybit wallet for interbank lending. 5. Currently, Bybit's platform has not been affected and there are no restrictions on withdrawals. The CEO of Bybit claims that the overall funds can cover the losses, and it has already been dealt with. Hacker operation process: Hackers are also formidable, deploying malicious backdoor contracts three days in advance. The hacker has most likely confirmed that Bybit's three digit multi signature computer has been hacked and is ready for attack. They are waiting for them to take action. Please enter the urn: Next, when the multi signature staff performed daily transfer and other signature operations, the hacker replaced the signature content. The staff looked at the webpage and thought it was a normal transaction such as a transfer, but little did they know that it had been changed to a transaction of "upgrading the contract and replacing it with the previously deployed malicious contract". So, the tragedy happened. A malicious contract with a backdoor was easily exploited by hackers to extract all funds. North Korean hackers are really awesome: It is worth noting that according to the view of the blockchain experts, this hack was mainly carried out by the Lazarus Group, a North Korean supported hacker organization. When I was compiling the country's BTC reserves before, I mentioned that North Korea has abundant BTC reserves, but basically all the sources were stolen by hackers. Besides this one, there have been many times in history when North Korean hackers have conducted it. Let me briefly organize it! I have found that from 2017 to 2025, this hacker team has been very active on the chain, with nearly 50 hacking incidents occurring, causing losses of over 3.72 billion US dollars and more than 8500 BTC to the entire cryptocurrency. Not only that, it has also led to the bankruptcy of Youbit exchange. He's really amazing, the three chubby god.