As investigations unfolded, authorities traced the attack back again to North Korea?�s notorious Lazarus Group, a state-backed cybercrime syndicate by using a long historical past of focusing on financial institutions.
While in the several years foremost up to your February 2025 copyright hack, the copyright marketplace professional an important escalation in cyber threats. The first 50 % of 2024 by yourself noticed a doubling in funds stolen by means of copyright hacks and exploits when compared with precisely the same period of time in 2023.
All transactions are recorded on-line in a digital databases referred to as a blockchain that uses highly effective 1-way encryption to ensure safety and proof of ownership.
2023 Atomic Wallet breach: The group was linked to the theft of above $one hundred million from consumers on read more the Atomic Wallet provider, using innovative tactics to compromise consumer property.}