As investigations unfolded, authorities traced the attack back again to North Korea?�s infamous Lazarus Group, a condition-backed cybercrime syndicate by using a very long historical past of concentrating on fiscal institutions.
While in the yrs primary up into the February 2025 copyright hack, the copyright industry experienced a substantial escalation in cyber threats. The very first half of 2024 alone observed a doubling in resources stolen as a result of copyright hacks and exploits in comparison with the identical period in 2023.
All transactions are recorded on the internet inside a electronic databases named a blockchain that employs highly effective one-way encryption to ensure stability and evidence of ownership.
2023 Atomic Wallet breach: The read more team was connected to the theft of over $one hundred million from buyers in the Atomic Wallet company, employing subtle procedures to compromise consumer property.}