State-backed North Korean hackers have stolen $1.5bn (£1.2bn) of cryptocurrency in the largest heist in history.

The cryptocurrency industry and those responsible for securing it are still in shock following Friday’s heist, likely by North Korea, that drained $1.5 billion from Dubai-based exchange Bybit, making the theft by far the biggest ever in digital asset history.

North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher