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Home»Ethereum»Bybit reveals the bonus platform to fight
Ethereum

Bybit reveals the bonus platform to fight

February 26, 2025No Comments3 Mins Read
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Bybit announced a premium platform designed to combat crime linked to cryptography entitled lazarusboundy.com.

The initiative uses a structured four -component approach to identify illegal activity, hold responsible hackers and improve the safety of cryptography.

The effort follows a hack perpetrated Against Bybit on February 21, which led to the loss of nearly $ 1.5 billion in synthetic tokens Ethereum (ETH) and ETH. According to the Elliptical Blockchain Security Company, it is the The biggest hacking in history.

War against Lazarus

Lazarusbounty.com consolidates the blockchain security data from the main companies, including the Chainysys, Arkham and Goplus, in a unified security benchmark. This real -time database provides investigators and the wider community with critical information to detect, analyze and thwart illicit activities.

Lazarusboundy.com mobilizes specialists in blockchain lawyers, such as Zachxbt and Yu Xian de Slowmist, to conduct in -depth investigations when significant violations occur.

These experts have forensic tools and methodologies to trace stolen funds, identify attackers and coordinate responses with the police and affected platforms. Initiative is a proactive deterrence against cybercrime, strengthening industry’s ability to respond to security threats.

Bybit CEO, Ben Zhou, said:

“In today’s blockchain landscape, transparency is not only a principle – it is our most powerful weapon against cybercrime. With lazarusboundy.com, we take a stand to ensure that each transaction is visible and that each hacker is held responsible. Our multiple pin offensive is a clear message: if you fly, you will be found and justice will be fast. »»

In addition, Lazarusbounty.com has a premium classification which follows and rewards contributions based on the effectiveness of efforts to recover the stolen funds. The catalogs of the site checked the information, recognizing the safety researchers and the ethical hackers who help unmask cybercriminals.

An automated notification system improves response times by immediately alerting exchanges and platforms to freeze the funds obtained illegally before being able to be bleached.

Bybit has also gathered a security advisory advice including security managers from the main blockchain networks. This decentralized advice is collaborating to improve security protocols, share information and strengthen protection measures through the cryptography ecosystem.

Follow the funds

According to data on the chain highlighted By Arkham, the funds extracted in the Hack bybit are exchanged for Bitcoin (BTC) and DAI via the Thorchain multi -hcan protocol and the Swap Okx Web3 function. So far, hackers have exchanged $ 6.2 million in BTC.

The Blockchain Spotonchain blockchain analysis platform also note This $ 250 million has already been laundered.

Due to the structure of the attack and the process of subsequent whitening, analysts suspect that the North Korean group Lazarus is at the origin of the piracy of Bybit.

Elliptical pointed out that Lazarus uses various superposition tactics, in particular the sending of funds via many cryptographic portfolios, using transverse bridges to transfer assets through blockchains, convert assets via decentralized exchanges or exchange services And by pulling mixers like Tornado Cash.

These techniques are intended to buy time for launders before trying to withdraw illegal funds. Lazarus currently seems to be the third step, using multi -hole solutions to superimpose the funds.

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