ZachXBT paid a Chinese laundering network 5% an order to trace $12M in stolen Bybit funds
Investigator ZachXBT posed as a paying client of a Chinese laundering network and traced more than $12 million of North Korea's stolen Bybit funds. The trace covers under 1% of the roughly $1.5 billion taken, so the broker proved reachable even as recovery stayed small.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+25
- Incentives
- Not scored
- Confidence40
ZachXBT says he fronted $349.7K in USDC to pose as a client of the Chinese syndicate laundering North Korea's Bybit haul. The only recovery on record, a 442K USDT freeze by Tether, covers at most 3.7% of the $12M+ cluster he says the sting exposed.
Perspective Coverage
8 publishers
- Builder
- Builder 15%
- Operator
- Operator 54%
- Investor
- Investor 31%
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap+35
- Incentives40
- Confidence55
Dell has fixed CVE-2026-86360, a critical path traversal in Dell System Update that lets an unauthenticated remote attacker run code as root. Any server on a DSU build older than 2.3.0.0 stays exposed until it is updated.
Perspective Coverage
3 publishers
- Builder
- Builder 18%
- Operator
- Operator 80%
- Investor
- Investor 2%
Reality
- Evidence76
- Adoption
- Not scored
- Hype gap+12
- Incentives
- Not scored
- Confidence74
Ethereum Foundation's answer to Bybit-style theft waits until 2027 at the earliest
Ethereum Foundation says EIP-7906, a check that could have reverted the $1.5 billion Bybit theft, will not ship before 2027. Its own post concedes the check cannot stop the stolen-key and social-engineering attacks behind most of 2026's losses.
Reality
- Evidence45
- Adoption2
- Hype gap+10
- Incentives55
- Confidence50
Near Intents halted its cross-chain swap service after a bug in its Omni deposit layer let an attacker take about $3.8 million. Crypto balances carry no deposit insurance, so affected users are relying on the operator's promise to repay them in full.
Perspective Coverage
5 publishers
- Builder
- Builder 23%
- Operator
- Operator 44%
- Investor
- Investor 33%
Reality
- Evidence70
- Adoption55
- Hype gap+15
- Incentives60
- Confidence65
Dell patched six critical flaws in its Kubernetes storage modules, one letting unauthenticated attackers pull admin credentials for every registered array. The Authorization module holds those keys for each array it fronts, so one reachable deployment exposes all the storage registered behind it.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 65%
- Investor
- Investor 8%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence72
Bitget CEO Gracy Chen expects to recover little of the $388 million stolen from the exchange, citing Bybit's 3.5% freeze rate. On that benchmark about $13.6 million is frozen within a year and roughly $374 million stays with whoever carries the loss.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives40
- Confidence50
buildOne report1 publisher Kelp DAO sues LayerZero in British Columbia over the $292M rsETH bridge exploit
Kelp DAO has sued LayerZero Labs and co-founder Bryan Pellegrino for negligence and misrepresentation over April's $292 million rsETH bridge exploit. The forged message cleared a bridge that trusted one LayerZero-run verifier, so the case tests who answers for that setup.
Reality
- Evidence35
- Adoption
- Not scored
- Hype gap+15
- Incentives60
- Confidence35
Chainlink's CCIP 2.0 hands the second bridge check to the institutions moving tokenized assets
Chainlink's CCIP 2.0 cuts a transfer's default checks from two networks to one and lets institutions add their own verifiers back. Paying for the second check now falls to the bank or issuer, five months after a single-verifier bridge setup cost Kelp DAO $292 million.
Reality
- Evidence55
- Adoption35
- Hype gap+30
- Incentives65
- Confidence50
Bitget says suspected North Korean attackers took $351.6 million from its hot and warm wallets by spoofing the transaction data that triggers its signing process. Its $464 million user protection fund, held in bitcoin, covers the loss.
Perspective Coverage
10 publishers
- Builder
- Builder 27%
- Operator
- Operator 42%
- Investor
- Investor 31%
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+25
- Incentives70
- Confidence60
Bitget CEO Gracy Chen publicly asked THORChain to refuse service to the wallets that took $387.5 million, after Circle and Tether stopped nearly $318,000. Much of the rest now depends on a no-KYC swap protocol that has declined to block stolen funds in earlier hacks, including its own.
Perspective Coverage
3 publishers
- Builder
- Builder 38%
- Operator
- Operator 40%
- Investor
- Investor 22%
Reality
- Evidence57
- Adoption44
- Hype gap+12
- Incentives68
- Confidence55
Bitget now puts its September breach at $387.5 million, and AMLBot estimates $343 million of it sat untouched in 13 attacker wallets on Sept. 25. The phased withdrawals due from Sept. 28 are the better guide to whether customer money is safe.
Perspective Coverage
15 publishers
- Builder
- Builder 25%
- Operator
- Operator 43%
- Investor
- Investor 32%
Reality
- Evidence66
- Adoption
- Not scored
- Hype gap+20
- Incentives60
- Confidence62
Bitget presses Thorchain to shut out the hackers behind its $387.5 million loss
Bitget CEO Gracy Chen asked Thorchain to refuse service to the hackers behind a theft the exchange now puts at $387.5 million. After the Bybit breach, Thorchain's validators reversed a trading halt within 30 minutes, so recovery plans have little reason to count on the protocol's help.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives65
- Confidence55
Bitget says attackers took over a wallet backend system and fed its authorization process spoofed data, moving out $387.5 million without stolen keys. For teams running payouts, the data an approver trusts now belongs on the same review list as the keys.
Perspective Coverage
3 publishers
- Builder
- Builder 23%
- Operator
- Operator 40%
- Investor
- Investor 37%
Reality
- Evidence58
- Adoption
- Not scored
- Hype gap+18
- Incentives62
- Confidence60
Check Point says the Operation Dream Job chain now escalates through CVE-2026-68820 to install FudModule v3.1. CISA has told federal agencies to patch by August 25.
Perspective Coverage
4 publishers
- Builder
- Builder 34%
- Operator
- Operator 61%
- Investor
- Investor 5%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+15
- Incentives50
- Confidence72
The layer-1 will rewind both shards to an Aug. 11 checkpoint and ship a client that rejects the exploit's blocks. Finality on Harmony is now whatever the team decides to keep.
Perspective Coverage
3 publishers
- Builder
- Builder 33%
- Operator
- Operator 35%
- Investor
- Investor 32%
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+20
- Incentives60
- Confidence55
The rebate ladder that recruits big exchanges also shrinks the burn: 60 cents of every fee dollar at the bottom tier, 26.25 cents at the top.
Reality
- Evidence55
- Adoption15
- Hype gap+40
- Incentives70
- Confidence55
A Northern California freelance marketplace's own messaging system carried Excel macro lures to 80,000 of its users across 18 months. Microsoft closed that delivery step in 2022. The same platform lure now shows up in North Korean operations.
Perspective Coverage
6 publishers
- Builder
- Builder 17%
- Operator
- Operator 78%
- Investor
- Investor 5%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence68
Rapid7 says the ted backdoor is built into the victim's existing HAProxy 2.8.12 and hooks its filter API, so the load balancer keeps balancing normally while it logs cookies and injects scripts for selected clients.
Perspective Coverage
5 publishers
- Builder
- Builder 42%
- Operator
- Operator 53%
- Investor
- Investor 5%
Reality
- Evidence70
- Adoption10
- Hype gap+20
- Incentives35
- Confidence66
Bitget says spoofed backend data drained $351.6 million from its hot and warm wallets
Bitget lost about $351.6 million from its hot and warm wallets after attackers spoofed transaction data in a backend system, the exchange said. Cold storage held and a $464 million fund covers the loss, while about 45% of the haul is native XRP that no one can freeze.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+15
- Incentives65
- Confidence58