Crypto Chaos: North Korean Hackers’ Dirty Tricks and a Record-Breaking LiFi Bombshell!

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Crypto Chaos: North Korean Hackers’ Dirty Tricks and a Record-Breaking LiFi Bombshell!

Well, well, well! It seems the world of crypto is not just a playground for savvy investors but also a hide-and-seek game for North Korean hackers with a penchant for laundering money. Yep, you read that right! 😲

Our dear blockchain investigator, ZachXBT, whispers that a hefty chunk — a wild 15 to 25 percent — of all LiFi activity might be courtesy of North Korean hackers sneaking around, making it look like a busy bee’s hive. 🐝

LiFi Protocol, that shiny new toy, boomed with activity! It’s like they threw a party—$3 billion in volume and over four million transactions—busy, busy, busy! And guess what? Over 510,000 users jumped in for the fun. But hold your horses! ZachXBT has a little secret to spill… 🤫

He suggests that much of this ‘busy bee activity’ isn’t exactly innocent — it’s probably all tied up with shadowy hackers laundering stolen loot from the big Bybit hack. Yes, folks, the very hack that had everyone scratching their heads!\n

“Fun fact,” chuckles ZachXBT, “whenever your beloved cross-chain bridge spectacularly hits record highs, there’s a good chance it’s just North Korean hackers fiddling with their laundry.”

North Korean Hackers Turn Up the Laundering Drama—Half of Bybit’s stolen cash is MIA! 💸

The poor investigator explains that the sudden spike in network activity isn’t just random; it’s a confusing game of hide-and-seek, where hackers hop from chain to chain, swapping tokens like a reckless chef mixing ingredients in a chaotic kitchen. 🍳

“They keep hopping back and forth, making it nearly impossible to trace the funds,” ZachXBT spills. “And at least 15 to a wild 25 percent of all LiFi activity during that period was probably just North Korea’s dirty laundry.”

And here’s the kicker — even though blockchain transactions are as transparent as a glass of water, these sneaky hackers use clever tricks: chain-hopping, token-swapping, splitting funds across a mountain of wallets — it’s like trying to find a needle in a haystack very, very quick. 🧵

By the end of May, more than half of the stolen $1.4 billion had vanished into the ether, untraceable and probably washing clothes in the digital laundromat. So much for transparency! 🤡

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2025-06-03 16:16