SBI Crypto, a mining pool under Japan's SBI Group, is suspected of being attacked, resulting in losses of approximately $21 million, possibly related to North Korean hackers.

GateNews
BTC0,57%
ETH0,21%
LTC1,14%
DOGE0,73%

PANews October 1st news, according to on-chain detective ZachXBT's disclosure, Japan's financial giant SBI Group's crypto assets Mining Pool SBI Crypto is suspected to have encountered a security vulnerability, with approximately $21 million of suspicious fund outflow appearing on addresses related to the company on September 24. The stolen funds involve multiple coins such as Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash. The attackers transferred the funds to five instant exchange platforms and ultimately deposited them into the mixing protocol Tornado Cash. ZachXBT pointed out that there are multiple signs indicating that this attack bears similarities to other known hacker attacks from North Korea (DPRK). As of the time of writing, SBI Crypto has not issued any public statements regarding this matter.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Differing Views Leaves Crypto Community in Disarray, Bearish vs Bullish BTC Expectations

Differing views leaves crypto community in disarray. Bearish vs bullish BTC price expectations are discussed.  Price indicators support the possibility for either outcome. The crypto community continues to face challenges in the form of heated discussions between bullish and bearish

CryptoNewsLand17m ago

Bitcoin Falls Below $71,000 as Iran Ceasefire Frays Within 48 Hours and Oil Rebounds - Unchained

Bitcoin prices fell to $70,981 amid uncertainty over a U.S.-Iran ceasefire, affecting market confidence. While Bitcoin saw a minor decrease, altcoins like Ether and Solana faced sharper declines, and global risk assets struggled with tightening monetary policy.

UnchainedCrypto19m ago

Nakamoto, a Bitcoin treasury company, seeks a reverse stock split to maintain Nasdaq listing eligibility

Bitcoin treasury company Nakamoto is seeking shareholder approval for a reverse stock split plan to address the ongoing decline in the share price and maintain its Nasdaq listing qualification. The company plans to combine shares at a ratio ranging from 1-to-20 to 1-to-50. The current share price is about $0.22, down roughly 99% from its peak. At the same time, Nakamoto has sold about 5% of its Bitcoin holdings for liquidity management.

GateNews56m ago

Bitcoin Developer Unveils Quantum-Resistant Wallet Rescue Prototype

A new prototype from Lightning Labs CTO Olaoluwa Osuntokun could help bitcoin users recover funds if quantum threats force drastic network changes. The tool addresses a key risk in proposed emergency upgrades. Key Takeaways: Lightning Labs CTO Olaoluwa Osuntokun built a prototype to secure bitcoi

Coinpedia59m ago

Bitcoin Depot Discloses $3.6M BTC Theft After Hack on Settlement Accounts

Bitcoin Depot reported a security breach where hackers stole 50.9 BTC, worth approximately $3.6 million, by compromising internal settlement account credentials. This incident highlights vulnerabilities in crypto companies' operational infrastructure, emphasizing the need for enhanced security measures.

CryptoNewsFlash1h ago
Comment
0/400
GateUser-4bffb7c3vip
· 2025-10-02 07:51
1000x Vibes 🤑
Reply0
B_echangevip
· 2025-10-01 16:04
best echange lllllllllxidukdod
Reply0
B_echangevip
· 2025-10-01 16:04
good
Reply0