As investigations unfolded, authorities traced the assault back to North Korea?�s notorious Lazarus Team, a state-backed cybercrime syndicate which has a extended record of targeting money institutions.
In the many years top up towards the February 2025 copyright hack, the copyright market knowledgeable a substantial escalation in cyber threats. The initial fifty percent of 2024 alone observed a doubling in resources stolen by copyright hacks and exploits as compared to a similar interval in 2023.
All transactions are recorded on the internet inside a electronic database identified as a blockchain that makes use of powerful just one-way encryption to make certain stability and proof of possession.
2023 Atomic get more info Wallet breach: The team was associated with the theft of more than $100 million from end users with the Atomic Wallet company, utilizing sophisticated strategies to compromise consumer assets.}