Bybit News: Details of Lazarus Hack Revealed; North Korea’s Bitcoin Holdings Skyrocket

Bybit CEO Reveals Details of Lazarus Hack; North Korea’s Bitcoin Holdings Rise

Bybit CEO Ben Zhou revealed that 88.87% of the funds stolen by Lazarus are still traceable. The stolen 500,000 ETH have been converted into 12,836 BTC and distributed across 9,117 wallets. Zhou confirmed that 3.54% of the stolen funds have been frozen, while 7.59% have disappeared into the dark web. The attack pushed North Korea to third place among governments holding Bitcoin, with 13,562 BTC worth over $1.14 billion.

Hedera (HBAR) Price Prediction for March 20

In the past 24 hours, the price of Hbar has seen a strong bullish rally, surging toward $0.2 but facing rejection and dropping by 2% to $0.187. Trading volume for Hedera increased by 22% to $286 million. Over a longer timeline, HBAR’s price has been decreasing since December 3, with a heavy crash on February 3 below $0.2, exacerbated by the Bybit hack. In the last 24 hours, Hedera’s market capitalization dropped by 2% to $8.07 billion. Despite bearish pressure, HBAR’s open interest (OI) has surged as the price nears $0.2, indicating increased volatility.