Crypto’s Newest Villain: Is Lazarus Group Just a Bunch of Jokers? 😂

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So, Monday rolls around, and what do we get? Another day, another exploit by the “Lazarus Group.” Seriously, these guys are like the boogeyman of the crypto world. I mean, who knew cybercrime could be so… theatrical? 🎭

OKX, a big player in the crypto exchange game, had to hit the brakes on their DEX aggregator. Why? Because they were hit with “planned media attacks” by Lazarus. Sounds like a bad sitcom plot, right? And let’s not forget the $1.5 billion hack from Bybit. I mean, come on! Who’s writing this script? 😒

And then there’s WazirX, which got drained of $234.9 million. That’s not just a heist; that’s a full-blown robbery! It’s like they left the door wide open and said, “Hey, come on in!”

The internet is buzzing with theories about Lazarus. Some say they’re a sophisticated group of hackers working for North Korea. Others think it’s a bunch of tech-savvy kids in their parents’ basements. And then there’s the theory that it’s Batman! I mean, really? Batman? What’s next, the Tooth Fairy? 🦷

These guys went from being a footnote in the crypto world to the headline act overnight. Every hack lately? Yep, you guessed it—Lazarus! It’s like they’re the Kardashians of cybercrime. 🙄

Recent Bybit Hack: The Day Crypto Died

February 21, 2025, marked a dark day for crypto. Bybit, the second-largest exchange, got hit for a whopping $1.5 billion. Talk about a nosedive! The crypto market took a 20% dip faster than you can say “Lazarus Group.”

Since then, the crypto space has lost over $570 billion in value. That’s like losing a small country! Bitcoin, Ethereum, Solana—everyone’s in the red. It’s like a bad episode of “Survivor.” Who’s going to get voted off the island next? 😱

And guess what? Lazarus is sitting on a cool $1.158 billion. They must be laughing all the way to the bank. Or, you know, wherever they keep their digital loot.

Crypto Hack Image

OKX: Ducking and Covering

OKX, trying to be the responsible adult in the room, paused their DEX aggregator. Why? To avoid a possible theft from Lazarus. It’s like they’re playing a game of dodgeball, and they’re just trying to avoid getting hit! 🙈

“We are temporarily pausing our DEX aggregator to address incomplete tagging on blockchain explorers while we also roll out new security features. This is to address the recent coordinated attacks by media along with unsuccessful efforts by Lazarus group to misuse our DeFi…”

— OKX (@okx) March 17, 2025

They’ve assured us that existing wallet services are fine, but new wallets? Nope, those are on hold. It’s like saying, “You can’t have dessert until you finish your vegetables!”

Is Lazarus Group the Real Deal?

Over the last decade, Lazarus has been behind some of the biggest crypto hacks. Since 2021, they’ve stolen over $5 billion. That’s not just a number; that’s a small fortune! And the latest eight hacks? They account for a staggering $2.773 billion. It’s like they’re running a heist factory! 🏭

Here are some of their greatest hits:

  • WazirX Hack: The big one in 2024, where they made off with $

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2025-03-18 09:25