Deciphering the $1.46B Bybit Hack – How Lazarus Pulled Off the Biggest Hack in History.

Security is not limited to technological tools, but must also apply to the processes in which humans are involved.

The bloodbath continues in the Bitcoin and cryptocurrency world. If a combination of factors is behind this pullback, we can't help but think that it all started with the Bybit hack last week. A hack on a scale unique in the history of the cryptocurrency, the details of which are now coming to light. The least we can say is that this hack of Bybit via the Safe ecosystem is truly a crazy story.

It's a crazy story because, once again, it's the human element that has been the weak link in this affair. The Lazarus hackers compromised a Safe developer, modified the Safe front-end, and embezzled funds without Bybit even realizing it.

Let's decipher a hack that will go down in cryptocurrency history.