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Risky Business #781 -- How Bybit oopsied $1.4bn

Risky Business

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Securing Cryptocurrency: Lessons from North Korean Hacks

This chapter explores the security vulnerabilities of hardware wallets used in cryptocurrency transactions, focusing on a case involving North Korean attackers who exploited a fake user interface. It highlights the dangers of complacency in routine money transfers, the challenges of fund recovery in cryptocurrency theft, and suggests rigorous security measures to safeguard sensitive transactions.

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