North Korean cyber criminals conduct $1.19 billion crypto heist

North Korean cyber criminals are suspected of conducting the 'worst hack in history' by stealing $1.19 billion in cryptocurrency from a Dubai-based exchange. Despite accusations from a blockchain analytics firm, the perpetrators have not been confirmed. The CEO of Bybit assured that the company is solvent and all client assets are backed 1 to 1. The hack caused Ethereum's value to drop by four percent.