COINDESK DAILY: Bybit Declares War on North Korea’s Lazurus Group; Leadership Shakeup at Ethereum Foundation
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 26 February 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as crypto exchange Bybit declares "war" against the Lazarus Group.
Hacked cryptocurrency exchange Bybit has declared a “war against Lazarus” and launched a new website tracking the group’s wallet addresses, while Ethereum Foundation Executive Director Aya Miyaguchi announced that she will transition to her new role as president at the organization. CoinDesk's Christine Lee breaks down the latest news in the crypto industry on "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:49.7 | By bit declares war on North Korea's Lazarus Group, and there's a leadership shake-up at the |
| 0:55.0 | Ethereum Foundation. |
| 0:56.7 | It's Wednesday, February 26, 2025. |
| 0:59.1 | I'm Christine Lee. |
| 1:00.2 | This is Coiness Daily. |
| 1:05.2 | Hatt Cryptocurrency Exchange By-Bit has declared war against North Korea's Lazarus Group and launched |
| 1:13.5 | a new website tracking the group's wallet addresses hoping to crowdsource the investigative efforts. |
| 1:18.9 | In return for submissions that lead to frozen funds, the exchange is offering 5% of what gets frozen. |
| 1:25.1 | Currently, over 6,300 addresses tied to the Lazarus group are being |
| 1:29.3 | tracked on the website, and around 42 million had already been frozen, corresponding to just over |
| 1:35.1 | 3% of the stolen assets. Last week, nearly 1.5 billion was stolen by Lazarus from Crypto Exchange |
| 1:41.4 | Bybit, which was deemed the largest crypto theft of all time. |
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