As investigations unfolded, authorities traced the attack again to North Korea?�s infamous Lazarus Group, a point out-backed cybercrime syndicate using a extensive historical past of concentrating on monetary establishments.
From the yrs main up into the February 2025 copyright hack, the copyright industry skilled a substantial escalation in cyber threats. The very first half of 2024 alone saw a doubling in funds stolen through copyright hacks and exploits when compared to a similar period of time in 2023.
All transactions are recorded more info online in a electronic database referred to as a blockchain that makes use of potent a single-way encryption to make certain safety and evidence of ownership.
2023 Atomic Wallet breach: The group was associated with the theft of about $100 million from people in the Atomic Wallet service, using advanced procedures to compromise user property.}