The funds in Ether (ETH) that were stolen from the Exchange Bybit this Friday, February 21, are being changed by Bitcoin (BTC) by the North Korean Lazarus hacker group.
The medium that hackers are using to carry out this procedure is the Decentralized Exchange Chainflip. Until now, they have managed to convert more than 12 BTC, which equals, according to their current price, to USD 1.2 million.
Ben Zhou, co -founder and CEO of Bybit, warned through a post in the social network X on the movements they were seeing in the funds that were stolen. Zhou called those who function as bridges to convert funds They help bybit blocking future hacker assets conversions. In addition to this, the CEO said they are about to launch a rewards program for those who want to help recover funds.
We are going to launch a rewards program very soon for anyone who helps us block or track funds and that results in their recovery.
Ben Zhou, co -founder and CEO of Bybit
From the Chainflip account in X they responded to Zhou commenting that the platform, for being decentralized, They cannot block, freeze or redirect funds. However, they managed to deactivate some interface services (front end) with which users interact to stop the capital flow.
Exchange Bybit hack became one of the greatest in the history of this type of platforms so far. The Exchange He lost more than 400,000 ETH, equivalent to more than USD 1 billion.
Ben Zhou explained that the attack occurred during or immediately after a routine transfer between Wallets of the Exchange. According to him, the hackers managed to apply a change in the logic of the intelligent contract of the Exchange cold wallet, which allowed them to divert the funds.
According to the user of X @0xcygaar, who is presented as a software engineer, this type of attack has occurred before. To perform them, hackers must identify each of the signatories of the multifirmas Wallet and persuade them to install a malware that compromises the Wallet user interface in question.