As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a point out-backed cybercrime syndicate that has a prolonged historical past of focusing on money establishments.
Inside the many years foremost up into the February 2025 copyright hack, the copyright business knowledgeable a major escalation in cyber threats. The primary 50 percent of 2024 by itself observed a doubling in cash stolen by way of copyright hacks and exploits as compared to the same period in 2023.
All transactions are recorded on the web in more info the digital databases referred to as a blockchain that makes use of effective one-way encryption to ensure protection and proof of possession.
2023 Atomic Wallet breach: The group was linked to the theft of above $a hundred million from buyers from the Atomic Wallet provider, utilizing subtle techniques to compromise user assets.}