As investigations unfolded, authorities traced the attack again to North Korea?�s notorious Lazarus Group, a state-backed cybercrime syndicate with a long record of concentrating on financial institutions.
While in the yrs leading up towards the February 2025 copyright hack, the copyright market seasoned a big escalation in cyber threats. The main 50 % of 2024 by itself saw a doubling in funds stolen by means website of copyright hacks and exploits when compared to a similar interval in 2023.
All transactions are recorded on line in a very digital database termed a blockchain that utilizes potent 1-way encryption to guarantee stability and evidence of possession.
2023 Atomic Wallet breach: The team was associated with the theft of more than $one hundred million from people of the Atomic Wallet provider, utilizing sophisticated tactics to compromise person belongings.}