As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate having a long history of targeting economic institutions.
From the decades main up into the February 2025 copyright hack, the copyright industry skilled a significant escalation in cyber threats. The first 50 % of 2024 by yourself saw a doubling in funds stolen as a result of copyright hacks and exploits as compared to a similar period of time in 2023.
All transactions are recorded online inside of a electronic databases named a blockchain that works by using strong one particular-way encryption to be sure safety and evidence of possession.
2023 Atomic Wallet click here breach: The team was linked to the theft of in excess of $a hundred million from users in the Atomic Wallet assistance, utilizing advanced tactics to compromise consumer belongings.}