{"id":48039,"date":"2025-02-24T13:34:50","date_gmt":"2025-02-24T13:34:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/mike-novogratz-calls-for-action-against-north-korean-hacker-group-lazarus\/"},"modified":"2025-02-24T13:34:50","modified_gmt":"2025-02-24T13:34:50","slug":"mike-novogratz-calls-for-action-against-north-korean-hacker-group-lazarus","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/mike-novogratz-calls-for-action-against-north-korean-hacker-group-lazarus\/","title":{"rendered":"Mike Novogratz Calls for Action Against North Korean Hacker Group Lazarus"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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World leaders are being urged by billionaire Mike Novogratz to act decisively against Lazarus, the North Korean hacking collective responsible for a huge cyber crime. One of the biggest thefts in history occurred when the group took $1.4 billion worth of Ethereum (ETH)<\/a> from Bybit\u2019s cold wallet.<\/p>\n

Galaxy Digital CEO Novogratz commended Bybit\u2019s breach reaction, describing it as \u201cworld-class.\u201d The hack has, however, rekindled debates about reversing confirmed transactions following significant security breaches by rolling back the Ethereum network.<\/p>\n

A rollback akin to the 2016 Ethereum DAO hack, which resulted in a hard fork, has been proposed by several in the cryptocurrency industry. Novogratz, meanwhile, is adamantly against this notion.<\/p>\n

Novogratz Rejects Ethereum Fork Proposal<\/strong><\/h2>\n

Novogratz dismissed the possibility of an ETH rollback, stating:\u00a0\u201cThis is a false narrative. Lazarus has been at it for years. They have stolen BTC, ETH and plenty of other cryptos.<\/em><\/p>\n

There will be and should be no ETH fork. Bybit unfortunately will take a hit until their funds are recovered if our governments ever press NK (North Korea). The community will freeze the accounts and we move on.<\/em><\/p>\n

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350% or 5BTC + 150 Spins!<\/strong><\/strong> <\/p>\n

New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The 2015 fork was at a very, very different time for the ecosystem. It was still a baby taking its first steps and steadying it made a ton of sense. Not true now.\u201d<\/em><\/p>\n

Instead of altering Ethereum\u2019s blockchain, Novogratz insists global leaders should focus on stopping Lazarus and preventing future attacks.<\/p>\n

\u201cIt\u2019s time world leaders do something about Lazarus,\u201d<\/em> he said.<\/p>\n

The Bybit hack highlights the ongoing cybersecurity threats in the crypto space. As authorities investigate, the industry faces tough decisions on how to handle large-scale attacks without undermining blockchain integrity.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) World leaders are being urged by billionaire Mike Novogratz to act decisively against Lazarus, the North Korean hacking collective responsible for a huge cyber crime. One of the biggest thefts in history occurred when the group took $1.4 billion worth of Ethereum (ETH) from Bybit\u2019s cold […]<\/p>\n","protected":false},"author":34,"featured_media":48040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48039"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48039"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/48040"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}