Bybit Ethereum Theft Originated From Safe UI Compromise

An independent audit reveals that North Korean group Lazarus infiltrated Safe’s infrastructure, leading to the compromise of Bybit’s Ethereum wallet. The theft, estimated at $1.4 billion, occurred on February 21st when a forensic analysis by Sygnia Labs and Verichain confirmed an attack targeting Bybit’s cold wallet using compromised access credentials. This confirms that the security integrity of Bybit’s platform remained intact despite the breach.