Safe{Wallet} has attributed a recent $1.4 billion attack on Bybit to a cybercrime group called TraderTraitor, with ties to North Korea. The attackers bypassed multi-factor authentication by hijacking a developer's laptop and stealing an AWS session token. The FBI and cybersecurity firm Mandiant have confirmed the connection. Safe{Wallet} is conducting an ongoing investigation to determine the extent of the attack and has implemented security improvements to strengthen their infrastructure. The company reassured users that their smart contracts were not affected.



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