ZachXBT: Cross-Chain Bridge's Transaction Volume Record Likely Tied to North Korean Hackers

BlockBeats News, June 3rd, On-chain sleuth ZachXBT stated in his community that "Whenever your favorite cross-chain bridge brags about setting a new monthly high in usage or transaction volume, there is a high probability that these activities are actually the result of North Korea (DPRK) siphoning and laundering hacked funds. In the past few months, this has primarily been due to the flow of funds resulting from the Bybit hack incident, and this usage is often overstated because they repeatedly hop between different chains to obfuscate the flow of funds and evade address tracing."