As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate using a long record of focusing on monetary establishments.
In the a long time primary up into the February 2025 copyright hack, the copyright industry knowledgeable a big escalation in cyber threats. The first half of 2024 alone noticed a doubling in cash stolen through copyright hacks and exploits as compared to the identical interval in 2023.
All transactions are recorded on line get more info inside a electronic database known as a blockchain that makes use of strong a single-way encryption to be sure safety and evidence of possession.
2023 Atomic Wallet breach: The group was connected to the theft of around $a hundred million from users in the Atomic Wallet service, using complex methods to compromise consumer property.}